Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Posted by taxguru on March 13, 2007

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Posted by taxguru on March 13, 2007

This version of a simplified tax return comes around every year. This latest is from Debt Proof Living.

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Posted by taxguru on March 13, 2007

IRS has announced that their interest rates for the quarter from April 1 through June 30, 2007 will remain the same as they currently are.

eight (8) percent for overpayments [seven (7) percent in the case of a corporation];
eight (8) percent for underpayments;
ten (10) percent for large corporate underpayments; and
five and one-half (5.5) percent for the portion of a corporate overpayment exceeding $10,000

I have updated this on my Quick Reference page.

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