S.2810

Rhode Island S2810 imposes penalties on tax preparers who mislead clients or act as ghost preparers and mandates the tax administrator to publish a.

Rhode Island S2810 amends the Tax Preparers Act of 2013 to establish penalties for tax preparers who purposefully mislead clients or act as ghost preparers. The bill defines a ghost preparer as someone who does not self-identify on returns they prepare or does not comply with Preparer Tax Identification Number (PTIN) requirements. Penalties include up to $1,000 for each return filed during a calendar year for willful fraud or evasion of tax obligations, and $500 for each return for failure to comply with due diligence requirements for property tax relief credits.