exemption - The Rhode Island Directory

Is there a property tax exemption in Rhode Island?

Samantha Boss2 years ago2 years ago08 mins

Rhode Island residents often wonder if there is a property tax exemption available to them. Fortunately, the state does offer certain exemptions to eligible individuals. These exemptions can provide relief for veterans, senior citizens, individuals with disabilities, and more. Understanding the criteria and application process is crucial for those who may be eligible for this tax break. Let’s delve into the details of Rhode Island’s property tax exemption program.

Do owners in Rhode Island have exemption from workers compensation?

Samantha Boss2 years ago2 years ago07 mins

In Rhode Island, the question of whether owners can claim exemption from workers’ compensation is a common concern. Unfortunately, the answer isn’t straightforward. In some cases, owners may be exempt, while in others, they may be required to have coverage. Understanding the criteria and regulations surrounding this issue is crucial for both owners and employees alike. Let’s delve deeper into this matter to gain clarity on the workers’ compensation exemption status for owners in Rhode Island.

What does the term “homestead exemption” mean in Rhode Island?

Samantha Boss2 years ago2 years ago010 mins

The term “homestead exemption” refers to a legal provision in Rhode Island that offers homeowners protection against certain debts and creditors. This exemption allows eligible individuals to protect a portion of the equity in their primary residence from being seized in the event of bankruptcy or foreclosure. Understanding this crucial safeguard can help Rhode Island residents better navigate their financial situations and secure their homes.

In Rhode Island, do farms have an exemption from having an uninterrupted lunch break?

Samantha Boss2 years ago2 years ago08 mins

In Rhode Island, farms are granted an exemption from having an uninterrupted lunch break. This exemption allows farmers to work continuously without being mandated to take a designated break period. However, it is important to note that while farms are exempt, other industries are still required to provide their employees with a uninterrupted lunch break under state law.

Do 501c3 organizations receive tax exemption in Rhode Island?

Samantha Boss2 years ago2 years ago09 mins

501(c)(3) organizations in Rhode Island can indeed receive tax exemption. Under state law, these organizations can be exempt from paying property, sales, and income taxes. However, they must meet certain criteria and file the necessary paperwork with the Rhode Island Division of Taxation to qualify for these exemptions. In this informative article, we will explore the requirements and benefits of tax exemption for 501(c)(3) organizations in Rhode Island.

Is there an exemption for sales disclosures on new construction in Rhode Island?

Samantha Boss2 years ago2 years ago08 mins

Title: Understanding Sales Disclosures for New Construction in Rhode Island Excerpt: In the state of Rhode Island, buyers and sellers of newly constructed properties often wonder if there are any exemptions or exceptions in place for sales disclosures. It is crucial to note that despite the nature of the property being new, sales disclosures are still required. This article delves into the legislation surrounding sales disclosures for new construction in Rhode Island, ensuring buyers and sellers are well-informed and compliant with the state’s regulations.