Last week the IRS announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2013. According the the announcement the rates will be:
* three (3) percent for overpayments [two (2) percent in the case of a corporation]
* three (3) percent for underpayments
* five (5) percent for large corporate underpayments
* one-half (0.5) percent for the portion of the corporate overpayment exceeding $10,000.
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For more information, contact Elite Bookkeeping & Tax Services at (800) 416-3820 or (775) 884-6188 Address: 123 West Nye Lane, Suite 103, Carson City, NV 89706. Visit our website at www.elitebookkeeping.biz
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