Compass Tax Group
Follow us
  • Home
  • About
  • Services
  • Testimonials
  • FAQ
  • Contact
  • Blog

New 2016 IRS Interest Rates

3/24/2016

0 Comments

 
Picture
The IRS will be raising their interest rates starting April 1, 2016.  The new interest rates will be:
​

  • four (4) percent for overpayments [three (3) percent in the case of a corporation];
  • one and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000;
  • four (4) percent for underpayments; and
  • six (6) percent for large corporate underpayments.

As always, it's best to pay off your IRS liability as quickly as possible to limit the interest that will continue to accrue.  But, if you need help getting into a manageable payment plan, we'd love to go to work for you!  Call us at 720-420-7996 for a free consultation!

0 Comments

    Authors

    Amy Lee is an enrolled agent for Compass Tax Group, LLC.

    Archives

    September 2018
    April 2018
    October 2016
    September 2016
    March 2016
    September 2015
    July 2015
    June 2015
    April 2015
    January 2015
    October 2014
    September 2014

    Categories

    All
    Important Information
    Opinions
    Tax Events And Deadlines

    RSS Feed

Important Contact Information

Mailing Address:
Compass Tax Group, LLC
9769 W 119th Dr., Suite 28

Broomfield, CO 80021

Contact Numbers:
Ph: (720) 420-799​6
Fax: (720) 420-7996


Business hours:
Mon- Fri 7:00-4:00 MST
Sat/Sun: Closed


Picture

    How can we help?

Submit
Click here to view our privacy policy.
Photos used under Creative Commons from Alexandra E Rust, Damian Gadal, CarbonNYC [in SF!], GotCredit