IRS announces third quarter 2013 interest rates

WASHINGTON ? The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2013, as in the prior quarter. 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; and one-half (0.5) percent for the portion of a corporate overpayment exceeding $10,000. Under the Internal Revenue...
More

First « Previous 1 2 3 Next » Last

IRS announces third quarter 2013 interest rates

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

News • May 23rd, 2013
Some employers challenge contraception mandate in healthcare law

Hobby Lobby Stores Inc. is challenging the part of the federal health care law that requires for-profit companies to offer employees health coverage that includes products the business owners find morally objectionable, such as certain types of...

News • May 23rd, 2013
Ohio companies set to create 1,108 new jobs

Ohio Governor John Kasich announced Tuesday the approval of assistance for 10 projects set to create more than 1,100 jobs and retain 21,264 jobs statewide.

News • May 23rd, 2013
Audit of Seattle schools finds trouble with federal grant spending

May 23--Seattle Public Schools may have to repay as much as $490,000 to the federal government because state auditors say the district did not spend some of its federal grant money appropriately in the 2011-12 school year. The auditors, in one of...

News • May 23rd, 2013
Major retailers back out of credit card settlement, file suit against Visa and MasterCard

Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.

News • May 23rd, 2013
Winners of 2013 Roger CPA Spirit Scholarship Announced

After receiving nearly 300 applications, Roger CPA Review has announced their 2013 Roger Spirit Scholarship recipients, selected from students across the nation. In addition to the Roger Spirit Scholarship, Roger CPA Review awards over 115 scholarships...

News • May 23rd, 2013
IRS places $170 million lien on Florida tribe for unpaid taxes on casino income

The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records.

News • May 22nd, 2013
Paylocity selected as one of the 'Best Places To Work In Illinois, 2013'

Independent payroll provider Paylocity Corporation, based in Arlington Heights, IL, has been named as one of the 2013 Best Places to Work in Illinois for the third year in a row and fifth time overall.

News • May 22nd, 2013
New Decision Support Network Launched to Help Payroll Departments

Bloomberg BNA has launched the International Payroll Decision Support Network. This new membership-based service combines Bloomberg BNA's custom research offerings with a collection of new global payroll products and resources accessible to...

News • May 22nd, 2013
'Tax Free New York' initiative to create economic development zones around all state college campuses

New businesses would operate completely tax free for 10 years, including no income tax for employees, as well as no sales, property or business taxes.

News • May 22nd, 2013
1.3 million Canadians told to boil city water in Montreal

Over one million Montreal residents are being told to boil water their drinking water after a malfunction at Canada's second-biggest filtration plant.

News • May 22nd, 2013
New Small Business Administration program focuses on business lending for veterans

The U.S. Small Business Administration has started a new program aimed at helping returning veterans start new businesses.

News • May 22nd, 2013
Apple CEO defends tech giant's tax practices

Sen. John McCain, R-Ariz, charged at the hearing that Apple's tax practices violated the spirit of the law and, in a statement Monday, called them "highly questionable."

News • May 22nd, 2013
Tea Party conservative groups protest IRS

BOSTON - Nearly two dozen Tea Party activists rallied outside the John F. Kennedy Federal Building in downtown Boston on Tuesday as part of a nationwide protest against the Internal Revenue Service over the targeting of conservative groups. "The IRS...

News • May 22nd, 2013
Accounting Firms Face Challenges When Advising Businesses on Health Care Reform

New requirements create opportunity for firms that develop expertise in their consulting practices

News • May 22nd, 2013

First « Previous 1 2 3 Next » Last

Archives

IRS announces third quarter 2013 interest rates

Sign Up

Most Popular