Interest Rates for the fourth quarter of 2017 from the IRS will stay the same: 4 percent for overpayments (3% for corporations), 1.5% for the portion of a corporate overpayment over $10,000. For those owing money, the percent interest for underpayments is 4% and 6% for “large” corporate underpayments.
Interest in the interest rates remains minimal for just about everyone. Only people that really care are going to be interested in this news, and they’re probably going to get it from the WSJ or NYT, or even directly from the IRS website. No one is going to find out about it from this blog. (If you do find out about it from this post, you definitely need to let us know so that it will blow our minds.)
Still, it’s technically related to the way that we as Americans do business and how we and our companies loan money, so it sort of fits in with the theme of this blog.
Tags: one good joke