Updated April 19 at 11:25am
Regulation
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Rhode Island is one of the worst states in the nation to be a taxpayer, according to WalletHub’s latest survey on the best and worst states to be a taxpayer. more
Rhode Island came in at No. 10 on a list of states with the highest chance of an IRS audit, according to TaxAudit.com. more
Cilantro Mexican Grill has to pay more than $100,000 in wages and damages to 32 employees following a federal Labor Department investigation. more
WalletHub rated the best states to be rich or poor from a tax perspective, and unfortunately, Rhode Island lands among the worst states, regardless of income. more
(Updated, 8:30 p.m., March 18) An ordinance that proposes a uniform approach to tax stabilization agreements for projects in the former Interstate 195 corridor will be introduced to City Council this week. more
(Updated 4:47 p.m.) Reactions to Gov. Gina M. Raimondo’s first budget – an $8.6 billion budget intended to jump-start the economy – have been mixed. more
Santander Holdings USA was just one of two financial institutions to fail the second round of the Federal Reserve “stress test” Wednesday, suspending any increased dividend payments to its Spain-based parent or other shareholders. more
The number of driving-related fatalities in Rhode Island dropped 20 percent in 2014 to 52 from 65 in 2013, Attorney General Peter F. Kilmartin said on Wednesday. more
(Updated 9:58 a.m.) A complaint was filed in Superior Court Wednesday against two Allens Avenue companies for alleged environmental violations from their scrap metal recycling operation by state Department of Environmental Management Director Janet Coit and Attorney General Peter F. Kilmartin. more
Rhode Island is set to issue $618 million of tobacco bonds next week, which would end a seven-month delay caused by a legal challenge from OppenheimerFunds Inc. more
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