Interest Rates To Stay The Same For First Quater of 2022

Interest rates will remain unchanged for the calendar quarter beginning January 1, 2022, according to the Internal Revenue Service. The following are the rates: Overpayments are subject to a 3% penalty (two (2) percent in the case of a corporation), 0.5 percent for the amount of a corporate overpayment exceeding $10,000, underpayments are subject to …

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