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The newly announced interest rates will be in effect for the second quarter of 2023. Rob Crandall / Shutterstock.com
The IRS will cut taxpayers a bit of a break in the second quarter of 2023. The agency announced Feb. 13 that the interest rates it charges for underpayments in the second quarter — April 1 through June 30 — will remain the same as they are for the first quarter of the year. This news comes after multiple increases in these rates last year. The rates the IRS pays for overpayments also will remain…
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