qbteachmt
Level 15
02-28-2020
01:49 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Are you signed up for e-newsletters? This just came in by email:
"Interest rates will hold steady for the calendar quarter beginning April 1. The rates will be:
- Five percent for overpayments (four percent in the case of a corporation)
- Two and one-half percent for the portion of a corporate overpayment exceeding $10,000
- Five percent for underpayments
- Seven percent for large corporate underpayments
Revenue Ruling 2020-7 announcing the rates of interest will appear in Internal Revenue Bulletin 2020-12."
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers