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Fourth Quarter Interest Rates 2013

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