Category: Updates

Do you report rent on 1099?

If a commercial tenant pays you over $600 of rent annually, you must supply your tenant with your Form W-9. You will then receive a Form 1099 form reporti...

Are S corps taxed federally?

S-corporations are pass-through entities. That is, the corporation itself is not subject to federal income tax. Instead, the shareholders are taxed upon t...

Can I file RI taxes online?

Welcome to Free File. You may qualify to prepare and file your federal and Rhode Island resident personal income tax returns online at no charge. You may ...