It’s an exciting time to start a small business, especially in Rhode Island. The state makes the process as simple as possible, offering a step-by-step guide for completing forms and encountering speedbumps. But what about other, non-state related items on your to-do list? You might not realize it, but if you’re about to register a business in Rhode Island, you’re in the perfect position to organize your accounting process. If you do this correctly, you can set yourself up for simple and streamlined tax and wage filing for years to come. We’ll walk you through what you need to do to get there.
Taking Steps to Register a Business in Rhode Island
When you decide to start a business, you’ll need to choose your business type almost immediately. All subsequent forms are organized by business type, so making this choice will set you on a track. There are dozens of options, so we recommend reviewing the State Government Forms and Applications list before settling on the best choice for your service. Then, you’ll be able to start filling out the relevant paperwork.
Be aware that each business type will require a different license. Some business are required to obtain the license even before opening. Check this page to see which professions require a state license. New business owners will also need to create an RI Business Portal account, which will provide access to the tools you need to both start and maintain your business. If you have questions about trying to register a business in Rhode Island, contact the State Department of Labor and Training.
Now is the Best Time for Rhode Island Payroll Software
So, you’re starting your business and completing the appropriate forms. While the State provides abundant resources for navigating forms and files, there is no support when it comes to setting up your accounting process. That’s where AMS can help.
Tax and wage reporting relies on accurate and easily accessible data. AMS Payroll, our semi-automated payroll software, provides just that. The tool automatically calculates all withholding taxes, then stores both gross wages and paychecks in a back-end data hosting system. This tool is essential when filing season arrives. Investing in Rhode Island payroll software now can help you organize accounting for years to come.
AMS Payroll is more than an information database. We’ve included a list of our favorite features below.
- Supports Federal payroll forms such as the 941, 940, 943, 944, and 1940 SchH
- Prints more than 30 types of checks, individual or by date range and facilitates direct deposits
- Processes both “live” and after-the-fact payroll
- Up to 40 user-defined fields for business-specific deductions and additions
We want you to quickly and easily register a small business in Rhode Island, but we also want to set you up for later success. AMS Payroll is the software to do that.
More from AMS
If you’re starting a business, you might be looking for a range of other software tools. AMS has a modular catalogue of products, meaning all software tools work with each other to create a fully customized product. See below for our full catalogue.
- W-2/1099 Forms Filer
- Payroll Software
- Software-Generated Forms
- Forms Filer Plus
- E-File Direct
- Affordable Care Act Filer
- 1042-S Filer