IRS

IRS Interest Rates Left Low and Unchanged for Q4

Manny Davis — Mon, 17 Aug 2009 14:31:34 -0400

The IRS last week reported that underpayment interest rates for Q4, would remain the same at 3% for business that owe less than $10k and 6% for large corporations that owe more than $10,000. The IRS calculates underpayment interest rates by taking the short-term federal rate (around 1% rounded) plus whatever your current business status is with payments. If you owe less than $10k, your interest rate will be 3%, whereas large corporate underpayments would be charged 6% percent a month.

Google Bombing and the IRS

Adam Penenberg — Mon, 30 Mar 2009 22:14:13 -0400

Tax season is here, and like many Americans I recently went online to download forms. Usually I'd head straight to the Internal Revenue Service Web site but I find Google a more efficient way of navigating big government sites. When I Googled "IRS form 1065," there was no direct link to it on the IRS Web site, just manuals and tax tips. I skimmed the page and the ninth result was:

Form 1065 B
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Scammers pretending to give your stimulus check--Nasty!

Shel Horowitz — Thu, 15 May 2008 13:28:44 -0400

Watch out for these snakes! Some people have no ethics at all.

I got an email this morning that purported to be from the IRS. The subject was “2008 Economic Stimulus Refund. [Scanned]”

And it started like this:

Over 130 million Americans will receive refunds as
part of The White House program to jumpstart the economy.

Our records indicate that you are qualified to receive the
2008 Economic Stimulus Refund.

Social Responsibility

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