Interest rates remain the same for the third quarter of 2021

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

Blog by Joanna Wasiak CPA, LLC

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 , https://www.irs.gov/

Article Written By:  NA

Original Article Posted on:  May 27, 2021

Link to Original Article:  https://www.irs.gov/newsroom/interest-rates-remain-the-same-for-the-third-quarter-of-2021



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