Rhode Island Removes Annual Reporting Frequency for Employer Withholding Tax

Rhode Island recently updated their reporting frequency schedule to exclude the annual reporting frequency. The update to the 2017 Employer’s Income Tax Withholding Tables and the removal of Form RI-941A from the Department of Revenue website confirm that filers previously on an annual reporting schedule must switch to one of the remaining reporting schedules – daily, quarter-monthly, monthly, or quarterly. Each reporting schedule has its own withholding thresholds which employers must abide by, which the Withholding Tables reference on page 4-5.

Similarly, payments to the Department of Revenue for employer withholding must follow one of the four previously mentioned schedules, and should be made in a timely manner in accordance with the thresholds set out in the Withholding Tables.

To review the withholding tables, please click on the links provided.

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Author

Paul Ogawa

Paul Ogawa is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, the Affordable Care Act (ACA), and Canadian tax information reporting. Prior to Sovos, Paul worked as a litigation attorney in Boston area law firms, representing clients in insurance subrogation claims, family law matters, and employment disputes. Paul is a member of the Massachusetts Bar, earned his B.A. from Brandeis University and his J.D. from the Suffolk University Law School.
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