Tag: interest rates
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Interest rates increase for the fourth quarter 2023
R-2023-154, Aug. 25, 2023 WASHINGTON — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning Oct.1, 2023. For individuals, the rate for overpayments and underpayments will be 8% per year, compounded daily. Here is a complete list of the new rates: Under the Internal Revenue Code, the rate… Read more