CALL TO ACTION: Please join Rep. Jack Bergman, representing Michigan's First District, and NCCPAP (National Conference of CPA Practitioners) in opposition of IRS Notice 2021-49.

Do your part by reaching out to your congressional representatives requesting Congressional action to allow for the wages of a business owner to qualify for ERC (Employee Retention Credit).

Representative Bergman's letter demanding immediate action to change this misguided rule. 


 NEW! Important additional guidance for employers claiming the employee retention credit: Notice 2021-49

NEW! IRS provides relief for certain employers claiming the Work Opportunity Tax Credit: Notice 2021-43
IRS reminds heavy vehicle owners of August 31 highway use tax return deadline:
IRS News Releases for Current Month: Click Here


NEW! Interest rates remain the same for the fourth quarter 2021: IR-2021-173, August 25, 2021

NEW! Rhode Island tax obligations for LLCs: What you need to know, in summary: Notice 2021-07, August 24, 2021

NEW! Entity filing requirements for C corporation, S corporation, LLC, Partnership, etc: Notice 2021-08, August 24, 2021
NEW! Rhode Island Division of Taxation Annual report on tax credits, incentives: Posted August 19, 2021 - access the full report
Rhode Island tax Newsletter: July / August / September 
Rhode Island Tax Advisories: Click Here
Miscellaneous Tax Notices - Click Here 
This Week from RI's Capitol Hill
  • FDA Grants Full Approval to Pfizer COVID-19 Vaccine in People 16+. Governor Dan McKee and the RI Dept of Health are urging all eligible Rhodes Islander who have not been vaccinated yet to get vaccinated today. Press Release
  • Governor McKee Announces Indoor K-12 Msk Requirement for Beginning of 2021-2022 School Year. Press Release
Please join RISCPA's BV Committee for this Interactive Discussion with Guest Speaker, RI Family Court Chief Judge Michael B. Forte, Jr., JD/MBA, CFE 
NEW! RIPEC seeks nominations for the 45 Annual Public Service Awards:
• The Robert M. Goodrich Distinguished Public Service Award will recognize an outstanding local employee
• The Gary S. Sasse Distinguished Public Service Award will recognize an outstanding state employee.
RIPEC Newsletter: August 2021 Edition


RI Industry Coalition: Weekly Legislative Update
State of Rhode Island General Assembly: All Press Releases


COVID-19 Workplace Playbook: Stay Healthy. Stay Open. Stop the Spread. Online Guide
CPAs and Their Small Business Clients Thankful for Passage of PPP Extension Act, Says AICPA: Read More

AICPA Benevolent Fund: The AICPA Benevolent Fund was created to support AICPA members with short-term personal financial needs. Program Information and Application
Chartered Global Management Accountant: CGMA is the most widely held management accounting designation in the world with more than 137,000 designees. It was established in 2012 by the AICPA and CIMA to recognize a unique group of management accountants who have reached the highest benchmark of quality and competence. How to Earn the CGMA Designation.
All AICPA Advisory CredentialsTip Sheet 
Employer Student Loan Repayment Assistance Program: Now a tax free benefit through 2025! More Information


Rhode Island Small Business Development Center is hosting a series of free events to help small businesses with their business and marketing needs. For more information, please CLICK HERE



COVID-19 Rhode Island Stats (as of 08/26/2021)

  • Total number of cases: 161,303
  • New cases: 316
  • People hospitalized: 123
  • Total Fatalities: 2,762
  • Total number of tests: 4,816,001
  • Positivity rate: 2.4%


  • People who received 1 dose: 745,713
  • People who received 2 doses (fully vaccinated): 680,559
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