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Category: Underpayment Interest Rates

Interest Rates Remain the Same for the Third Quarter of 2011

IRS  announced that interest rates for the calendar quarter beginning July 1, 2011, will remain the same as in the previous quarter. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent for large corporate underpayments; and one and