IRS announces third quarter interest rates

The IRS has released the interest rates on tax overpayments and underpayments for the third quarter of 2015. The interest rates on overpayments will be 3% for individuals and 2% for corporations. Corporate overpayments over $10,000 will have a 0.5% interest rate. The rate charged on underpayments will be 3%; though large corporate underpayments will be charged 5%.small business accounting, waukesha accounting, Milwaukee accounting, Accountants, accountant, bookkeeping, CPA

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