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If you received interest income on a refund payment last year, keep in mind that payment is taxable income. Watch this video for more info. | IRS
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The IRS interest rate is currently 6%, linked to federal rates. It’s the lowest rate around, but it’s increasing. If you owe the IRS, it’s often better to get a loan elsewhere to avoid property liens. For more info, visit: https://taxstrategistsofamerica.com/ #IRS #InterestRate #FedRate #Loans #FinancialAdvice | Tax Strategies for Business Owners
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