Interest rates remain the same for the third quarter of 2021

Author: External Author | | Categories: Accounting Firm , Tax Accountant

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2021.

The rates will be:

  • 3% for overpayments (two (2) % in the case of a corporation),
  • 0.5% for the portion of a corporate overpayment exceeding $10,000,
  • 3% for underpayments and
  • 5% for large corporate underpayments. 

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Original Article Source Credits:   IRS ,

Article Written By:  NA

Original Article Posted on:  May 27, 2021

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