{"id":4654,"date":"2010-12-15T09:11:29","date_gmt":"2010-12-15T14:11:29","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=4654"},"modified":"2010-12-15T09:11:29","modified_gmt":"2010-12-15T14:11:29","slug":"tip-of-the-week-first-quarter-interest-rates-decrease","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/12\/tip-of-the-week-first-quarter-interest-rates-decrease\/","title":{"rendered":"Tip of the Week: First Quarter Interest Rates Decrease"},"content":{"rendered":"<p><a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/12\/3-Percent-Sign.jpg\"><\/a><a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/12\/3-Percent-Sign.jpg\"><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-4658\" src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/12\/3-Percent-Sign-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>In <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/12\/ir-2010-120.pdf\" target=\"_blank\">IR-2010-120<\/a>, the <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service (IRS)<\/a> announced that interest rates for the first quarter of 2011 would decrease from the fourth quarter. The rates are as follows:<\/p>\n<ul>\n<li>Three (3) percent for overpayments [two (2) percent in the case of a corporation];<\/li>\n<li>Three (3) percent for underpayments;<\/li>\n<li>Five (5) percent for large corporate underpayments; and<\/li>\n<li>One-half (0.5) percent for the portion of a corporate overpayment exceeding $10,000.<\/li>\n<\/ul>\n<p><strong>Revenue Ruling 2010-31 Contains Official Rate Announcement<\/strong><\/p>\n<p>The <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">IRS<\/a> will publish the rates in <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/12\/rr-10-31.pdf\" target=\"_blank\">Revenue Ruling 2010-31<\/a>. Contact <a href=\"mailto:info@visionpayroll.com\">Vision Payroll<\/a> if you have any questions on the first quarter rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In IR-2010-120, the Internal Revenue Service (IRS) announced that interest rates for the first quarter of 2011 would decrease from the fourth quarter. The rates are as follows: 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1430,321,1429,37,38,28],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4654"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=4654"}],"version-history":[{"count":6,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4654\/revisions"}],"predecessor-version":[{"id":5881,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4654\/revisions\/5881"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=4654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=4654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=4654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}