IRS
Federal income tax returns, estimated payments and notices, planned together with your Rhode Island filings.
The short answer
Looking for a CPA in Rhode Island?
Rhode Island businesses in Providence, Warwick, Cranston and Newport work in healthcare, education, marine and defense industries, tourism and design. Owners manage state income tax, a minimum business corporation tax and sales tax that applies to some services. NexusWorks provides bookkeeping, tax compliance and CFO guidance for Rhode Island companies.
Healthcare providers, marine trades firms, defense contractors and Providence service businesses need accurate books and clear planning. We provide monthly accounting, sales tax filings and Rhode Island income tax planning.
- We help Rhode Island marine, healthcare and defense businesses stay compliant.
- Senior CPA review on books, returns and reports.
- No need to be near our Torrance, CA office: we serve Rhode Island clients remotely.
- Bookkeeping, tax and CFO support in one team, so nothing is lost between providers.
- Monthly reporting and clear pricing with no long-term contracts.
Services in Rhode Island
Everything your Rhode Island business needs, connected.
One CPA-led team for books, tax and planning, so nothing falls between three different providers.
Bookkeeping & Accounting in Rhode Island
Best for rhode Island businesses that want accurate books every month.
Bookkeeping services →Fractional CFO Services in Rhode Island
Best for fast-growing firms in Providence preparing to raise capital or borrow.
Fractional CFO →Tax Planning & Strategy in Rhode Island
Best for profitable Rhode Island businesses paying more tax than they should.
Tax planning →Tax Compliance & Filing in Rhode Island
Best for companies new to Rhode Island rules and filing dates.
Tax filing →Financial advisory
Systems, workflows and reporting connected into one financial picture.
Financial advisory →Need a CPA report or letter?
Reviews, compilations and CPA letters are handled through our assurance team.
Assurance & CPA Letters →Local know-how
Tax Planning for Rhode Island Businesses
Rhode Island tax planning includes state income tax, minimum corporate tax and fees, and the pass-through entity election. We help owners decide when an election helps and plan estimates.
Sales Tax at 7%
Rhode Island's sales tax is one of the highest state rates. We set up correct collection and file on time.
Pass-Through Entity Election
Rhode Island offers an elective PTE tax. We check whether it saves your owners money federally.
Minimum Tax Awareness
Rhode Island charges LLCs a minimum annual business tax. We include it in your plan.
Industries in Rhode Island
Rhode Island Industries We Support
We work with Rhode Island healthcare practices, marine and defense suppliers, hospitality businesses, design firms and professional services companies in Providence, Warwick and Newport.
Professional Firms
Consultants and professional practices across Rhode Island get clean books, billing reports and planning for partners.
Real Estate Businesses
Property accounting for Rhode Island landlords, flippers and developers, organized for lenders and tax time.
Multi-State Businesses
Rhode Island companies selling into other states get nexus reviews and multi-state filings.
eCommerce & Digital Businesses
Digital businesses in Providence get revenue recognition and sales tax tracking across states.
Healthcare
Medical, dental and therapy practices in Providence and Cranston get payer reconciliation and payroll support.
High-Income Business Owners
Rhode Island's graduated income tax rewards careful timing, so we plan bonuses, distributions and retirement contributions for high earners.
Areas we serve
Where We Work in Rhode Island
We serve businesses in Providence, Warwick, Cranston, Pawtucket and Newport through video meetings and secure document sharing.
Rhode IslandProvidenceWarwickCranstonPawtucketNewportEast ProvidenceWoonsocketNorth ProvidenceWesterlyEast Greenwich
Working in more than one state? See every state we serve.
Getting started
Working with us from Rhode Island.
Most of the work happens securely online, with video meetings and a secure client portal for Rhode Island clients.
- STEP 01
15-minute call
We learn about your business and where things stand.
- STEP 02
Assessment
We review your books, returns and reporting gaps.
- STEP 03
Onboarding
Secure access, clean-up where needed and a clear scope.
- STEP 04
Ongoing support
Monthly books, tax planning and quarterly reviews.
FAQ
Questions from Rhode Island businesses.
NexusWorks provides CPA-backed bookkeeping, tax planning, tax compliance, financial reporting, and Fractional CFO services for Rhode Island businesses, including monthly bookkeeping, business tax preparation, financial forecasting, cash-flow planning, and strategic financial guidance.
Yes. Our tax planning and strategy approach treats tax work as a year-round process rather than a season, helping businesses evaluate their financial position and anticipate tax liabilities before they become deadlines.
Corporations pay Rhode Island business corporation tax with a minimum tax, many pass-through entities pay an annual minimum fee, and individuals pay state income tax. Rhode Island also offers an elective pass-through entity tax. We coordinate these through our compliance service.
Yes. Restaurants, hotels and short-term rentals have meals and beverage taxes and hotel taxes to track. We set up bookkeeping that separates each tax so filings are accurate.
We forecast profits during the year, review the pass-through election and plan estimated payments as part of our tax planning service.
Rhode Island has a graduated state income tax and a 7% state sales tax. LLCs here generally face an annual report. We map which of these apply to your business and add each one to your compliance calendar.
Rhode Island generally charges LLCs a minimum annual business tax, even with no profit. We include it in your planning and filings.
We start with a call to review your books and filings, then set up secure document sharing and a monthly schedule. Rhode Island clients meet with us by video; our office is in Torrance, California.
Rhode Island
Talk to a CPA team about your Rhode Island business.
Book a call to review bookkeeping, sales tax and planning for your Rhode Island company.