IRS Releases Interest Rates
Recently, the IRS released the interestrates for June 2013 income tax. Included in the rates are the short, mid, andlong-term federal rates for 1274(d), and 1288(b) of the tax code. Additionally,the released rates included the long-term tax-exempt rates detailed in section382(f). Moreover, there are provisions dealing with the details of thelow-income housing credit, and the federal rate for annuities. The 7520 rate isunchanged at 1.2%.
See Stephanie Moll, IRS Releases June 2013 Interest Rates, trustbryancave.com, May 17, 2013.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.
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