title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Friday, March 13, 2009
 
IRS Drops Interest Rates

Per their news release, the following rates will be in effect for the quarter starting April 1, 2009.


four (4) percent for overpayments [three (3) percent in the case of a corporation];


four (4) percent for underpayments;


six (6) percent for large corporate underpayments; and


one and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000.


 

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