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Archive for February 17th, 2011
IRS Raising Interest Rates
Posted by taxguru on February 17, 2011
Interest Rates Increase for the Second Quarter of 2011
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2011, will increase by one percentage point. The rates will be:
- four (4) percent for overpayments (three (3) percent in the case of a corporation);
- four (4) percent for underpayments;
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