Robison Law Firm

11353 REED HARTMAN HIGHWAY
SUITE 300
CINCINNATI , OH 45241
PHONE: 513-412-3483
FAX: 513-412-3482

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News

December 6, 2019

Interest rates Remain the Same for the First Quarter of 2020

IRS
IR-2019-201, December 6, 2019

WASHINGTON —The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2020. The rates will be:

5% for overpayments (4% in the case of a corporation);
2.5% for the portion of a corporate overpayment exceeding $10,000;
5% for underpayments; and
7% for large corporate underpayments