IRS: Interest Rates Decreasing for Q2 2026
Interest rates for the second quarter will drop, the IRS recently announced.
According to Revenue Ruling 2026-5, the rates for April, May and June of 2026 will be:
- Overpayments — 6% (down from 7%)
- Corporate overpayments — 5% (down from 6%)
- Corporate overpayments, for the portion exceeding $10,000 — 3.5% (down from 4.5%)
- Underpayments — 6% (down from 7%), and
- Large corporate underpayments — 8% (down from 9%).
- Share on
Free Training & Resources
Further Reading
Not all companies handle payroll records the same way. Firms may keep data in multiple systems — payroll, HR, timekeeping and the gen...
Finance pros with lingering compliance concerns about employees working remotely will find insight, albeit limited, in new guidance. In...
The IRS has revised Form W-4 for 2026, making the newly revised form available to employers during mid-December 2025. The updated form i...
While we’re no longer dealing with the quarter-by-quarter changes to Form 941 that occurred during the pandemic, there are some recen...
Ever since the Secure 2.0 Act laid out changes for workplace retirement plans, employers have been waiting for final regs from the IRS. ...
Whether payroll professionals use the most current Excel in Microsoft 365 or an earlier version, they’ll never find enough time to us...
