![]() ![]() New definitions under Healthcare for the Stay Invested in RI Wavemaker Fellowship Fund.The credit program is scheduled to sunset in July 2027. Under the new law, exclusively for tax years 20, the total amount of production tax credits has been raised to a maximum of $40 million. Limits to motion picture production company tax credit raisedįor the 2022 tax year, a maximum of $30 million in total tax credits can be issued for motion picture tax credits and/or musical and theatrical production tax credits to encourage development within the motion picture industry in Rhode Island.The popular Historic Preservation Tax Credits 2013 program targeting historic structures has been extended from Jto sunset on June 30, 2023, or whenever maximum aggregate credits are met, whichever comes first. Jobs Incentive credits provide redeemable credits for up to 10 years. The program provides financing through redeemable tax credits which can cover up to 30% of project costs. Rebuild RI helps companies with real estate projects for which they are having difficulty raising sufficient funding. The Rebuild Rhode Island Tax Credit and tax credits related to the Rhode Island Qualified Jobs Incentive Act of 2015 program now have a sunset date of Decem(formerly December 31, 2022). Certain sunset dates have been extended.If you have questions about how the Wavemaker Fellowship award that only a CPA can answer- come get them answered! We're partnering with Wavemaker Fellows Alexandria Pacheco & April Arruda, from DiSanto, Priest & Co., and their colleagues in the RI Young Accountants Network for this informational session about your Wavemaker Fellowship award.What’s new in Rhode Island? You will want to read up on some important modifications and extensions to certain tax credits We have the details here. WAVEMAKER EXCLUSIVE: Information Session- Tax Implications of My Wavemaker Fellowship Award Join them for this virtual networking night where you will have the chance to meet other, like-minded young professionals with an eye towards the community! The Young Leader's Circle at the United Way of Rhode Island is made up of a dedicated group of community-minded young professionals who are eager to work together to improve our communities. Virtual event hosted on the Remo platform United Way's Young Leader's Circle: Networking Event If you have an event, conference, meeting or other opportunity on your radar that you'd like to get involved in, and think other Fellows might benefit too, let us know ! We can help publicize the opportunity and can consider how to get spots for Wavemaker Fellows to attend! ![]() ![]() from your 'old' loan servicer so that your annual certification now and moving forward can be completed without an issue. It is best practice to save all communications, monthly statements, payment history, loan term documents, loan agreements, etc. In the event that your student loan is impacted by this change, which is set to rollout during the first quarter of 2021, it will be important for you to maintain comprehensive records of the loan servicer change. ![]() This means some loans will be moving from an 'old' loan servicer (ex: Navient) to a 'new' loan servicer (ex: MOHELA). The federal government has made some changes to the companies that will be servicing federal student loans moving forward. Please direct all questions to Studen Loans Update: This can be found on the "Documents & Resources" page of the Fellow's Hub. If you have questions about how your award might be impacted by this, please reference th is guide. If your loans were impacted by the federal CARES Act forbearance, gather the communications you received about how your loans would be impacted (email, letter, other direct communication).įellows in the 2018 & 2019 cohorts may be impacted by the federal student loan forbearance that was announced by the federal government due to COVID-19.Gather all payment history for your student loans.This will show us your minimum required payment amount, by month. Gather all monthly statements for your student loans for your 12 month service period.We appreciate your patience as we work through the queue!Ī few notes that will help you be best prepared to submit your certification: Certifications are now ongoing for the 2018 & 2019 (July and December) cohorts. ![]()
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