Greetings from Seth and Alexander,

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New Release from the IRS:

 

The Internal Revenue Service announced on August 25th that the current overpayment and underpayment interest rates will remain the same for the fourth quarter of 2021. 

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What are the current interest rates?

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Where do these rates come from? 

These interest rates are determined on a quarterly basis under the Internal Revenue Code. For taxpayers who are not corporations, this rate is calculated by taking the federal short-term rate and adding 3 percentage points. 

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For more information on these interest rate, please contact your

Seth and Alexander Team:

(713) 965-7572 ext. 705