This is going to give those with open it’s agreements heart attacks
(media.greatawakening.win)
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Compounded DAILY. Not a govt bureau so daily compounding at this rate should be considered a usery fee violation and put in front of a judge. More than one enforcer then should be considered a RICO charge.
I think this was for October 2022?
Confirmed IR-2023-154, Aug. 25, 2023
WASHINGTON — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning Oct.1, 2023.
They did raise rates last year but definitely more ballsy this year. Especially with their "compound daily"
Last year's announcement;
https://www.irs.gov/newsroom/irs-announces-interest-rate-increases-for-the-fourth-quarter-of-2022-6-rate-applies-to-most-taxpayers-starting-oct-1
Thanks for the sauce! There was something done by the irs last October. I can't remember what it was.
The shit those clowns say don't even phase me
Usually if you make a repayment agreement the interest doesn’t compound. As someone who has dealt with the IRS numerous times unfortunately. My state Department of Revenue though… they don’t play! Like anything you gotta call & talk to them.
My retirement account can make more money by overpaying my taxes than investing it.