Interest On Underpayments & Overpayments Of Federal Taxes
(Current through September 2008)
Interest on underpayments of federal tax must accrue interest, compounded daily, at rates published quarterly by the Internal Revenue Service in accordance with section 6621 of the Internal Revenue Code. (See Rev. Proc. 95-17, 1995-1 C.B. 556, for rules on how to calculate compounded interest.)
The rates for the last twelve calendar quarters are as follows:..............
Daniel B. Evans, Attorney At Law
Interest on underpayments of federal tax must accrue interest, compounded daily, at rates published quarterly by the Internal Revenue Service in accordance with section 6621 of the Internal Revenue Code. (See Rev. Proc. 95-17, 1995-1 C.B. 556, for rules on how to calculate compounded interest.)
The rates for the last twelve calendar quarters are as follows:..............
Daniel B. Evans, Attorney At Law
posted by Milt Baker CPA | 12:00 PM
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