{"id":5039,"date":"2011-02-23T18:19:41","date_gmt":"2011-02-23T23:19:41","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=5039"},"modified":"2011-02-23T18:20:47","modified_gmt":"2011-02-23T23:20:47","slug":"tip-of-the-week-second-quarter-interest-rates-increase","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2011\/02\/tip-of-the-week-second-quarter-interest-rates-increase\/","title":{"rendered":"Tip of the Week: Second Quarter Interest Rates Increase"},"content":{"rendered":"<p><a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/4-Percent-Sign.jpg\"><\/a><a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/4-Percent-Sign.jpg\"><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-3768\" src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/4-Percent-Sign-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>In <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2011\/02\/ir-2011-17.pdf\" target=\"_blank\">IR-2011-017<\/a>, the <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service (IRS)<\/a> announced that interest rates for the second quarter of 2011 would increase from the first quarter. The rates are as follows:<\/p>\n<ul>\n<li>Four (4) percent for overpayments [three (3) percent in the case of a corporation];<\/li>\n<li>Four (4) percent for underpayments;<\/li>\n<li>Six (6) percent for large corporate underpayments; and<\/li>\n<li>One and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000.<\/li>\n<\/ul>\n<p><strong>Revenue Ruling 2011-5 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\/2011\/02\/rr-11-05.pdf\" target=\"_blank\">Revenue Ruling 2011-5<\/a>. Contact <a href=\"mailto:info@visionpayroll.com\">Vision Payroll<\/a> if you have any questions on the second quarter rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In IR-2011-017, the Internal Revenue Service (IRS) announced that interest rates for the second quarter of 2011 would increase from the first quarter. The rates are as follows: Four (4) percent for overpayments [three (3) percent in the case of a corporation]; Four (4) percent for underpayments; Six (6) 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":[1463,321,1464,37,38,28],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5039"}],"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=5039"}],"version-history":[{"count":3,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5039\/revisions"}],"predecessor-version":[{"id":5061,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5039\/revisions\/5061"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=5039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=5039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=5039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}