title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Monday, September 15, 2003
 
Lower IRS Interest Rate
Each quarter of the year, IRS re-evaluates the appropriate rate of interest it charges on late payments and pays on refunds from amended returns. For the first three quarters of 2003 (through September 30) it's held steady at five percent (5%). IRS has just announced that the rate will be reduced for the fourth quarter (October 1 to December 31) to just four percent (4%).

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