Taxable Talk

It's time for my annual vacation. I'll be back on August 4th. If you need to learn the latest on the California budget mess, I recommend the Flash Report. If you need a tax fix, check out one of the tax bloggers listed in the blogroll on the right.

Rhode Island has joined 17 other states including California to mandate that state tax returns prepared by professionals be electronically filed. The mandate goes into effect in January.

Under Rhode Island's new law individual taxpayers can opt-out of e-filing. Additionally, the mandate only applies to preparers who submitted 100 or more returns to Rhode Island. And returns that aren't eligible for electronic filing (generally, certain complex returns) aren't covered by the new law.