High IRS Interest Rates Could Cost You if You’ve Underpaid Your Taxes
Thanks to the coronavirus pandemic, the cost of almost everything has gone up, including hiking equipment (don’t ask me how I know). With higher prices
Thanks to the coronavirus pandemic, the cost of almost everything has gone up, including hiking equipment (don’t ask me how I know). With higher prices
In November 2023, the IRS announced it would not raise federal tax interest rates in the first quarter 2024. The rate will remain at 8
Section 6621 of the Internal Revenue Code explains that IRS interest rates are based on a tandem of the federal short-term rate and an additional
We’re entering the new year and first quarter on a high note concerning IRS interest rates – but whether that’s a good or bad thing
Overpayment and underpayment rates remain the same for the second quarter of 2014 Rev Rul 2014-11, 2014-14 IRB; IR 2014-29 IRS has announced that the
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