RISCPA/RI Business Forum News Release September 2, 2021

RISCPA/RI Business Forum News Release September 2, 2021

NEW! Important additional guidance for employers claiming the employee retention credit: Notice 2021-49 / ADV 2021-34

NEW! Tax preparations for hurricanes and other disasters:
IRS News Releases for Current Month: Click Here


IMPORTANT! RI Division of Taxation Releases Guidance on PPP Loan Forgiveness Tax: ADV 2021-34

NEW! Update to Withholding for Employees Working Remotely During the COVID-19 State of Emergency. This regulation is scheduled to expire at 11:59pm on September 13, 2021 instead of the previously determined date of September 15, 2021: 280-RICR-20-55-14
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
NEW! Governor McKee Announces $250,000 in Grants to Spur Growth of Agriculture, Aquaculture, and Seafood Sectors: Twenty grantees obtain funding through the Local Agriculture and Seafood Act, aimed at helping small businesses in RI's green economy prosper and increasing the diversity of both food producers and foods in the state.
NEW! SBA Opens Supplemental Grant Applications for Shuttered Venue Operators Grant Awardees - Awards expected to begin going out within 2 weeks. Release 21-75

NEW! SBA Office of Advocacy's annual State Profiles provide a snapshot of each state's small businesses: Rhode Island / United States
Please join RISCPA's BV Committee for this Interactive Discussion with Guest Speaker, RI Family Court Chief Judge Michael B. Forte, BA, JD 
RIPEC Newsletter: September 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 09/02/2021)

  • Total number of cases: 163,388
  • New cases: 353
  • People hospitalized: 149
  • Total Fatalities: 2,772
  • Total number of tests: 4,893,242
  • Positivity rate: 2.2%


  • People who received 1 dose: 754,281
  • People who received 2 doses (fully vaccinated): 687,744
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