🌪️Disaster Declaration for Mississippi
This is a notice of an Administrative declaration of a disaster for the State of Mississippi dated May 8, 2025. Incident: Severe Storms and Tornadoes.
Learn More📉Quarterly IRS Interest Rates for Customs Duties Announced
This notice advises the public that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same from the previous quarter. For the calendar quarter beginning April 1, 2025, the interest rates for underpayments will be 7 percent for both corporations and non-corporations. The interest rate for overpayments will be 7 percent for non-corporations and 6 percent for corporations. This notice is published for the convenience of the importing public and U.S. Customs and Border Protection personnel.
Learn More💰Interest Rate Notice for Immigration Bonds by Treasury Department
For the period beginning April 1, 2025, and ending on June 30, 2025, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 3 per centum per annum.
Learn More💰SBA Sets Interest Rates for April-June 2025 Financing
The Small Business Administration announces the Optional Peg Rate at 4.75% for the April-June quarter of fiscal year 2025, affecting SBA loans. Additionally, it outlines the maximum legal interest rates for Third Party Lenders involved in financing 504 projects, which are subject to state laws and the New York Prime rate.
Learn More💰Changes in IRS Interest Rates Affecting Customs Duties for Businesses
This notice advises the public that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will decrease from the previous quarter. For the calendar quarter beginning January 1, 2025, the interest rates for underpayments will be 7 percent for both corporations and non-corporations. The interest rate for overpayments will be 7 percent for non-corporations and 6 percent for corporations. This notice is published for the convenience of the importing public and U.S. Customs and Border Protection personnel.
Learn More💰Analysis of Regulation D Amendments and Financial Implications
The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation D to revise the rate of interest paid on balances ("IORB") maintained at Federal Reserve Banks by or on behalf of eligible institutions. The final amendments specify that IORB is 4.4 percent, a 0.25 percentage point decrease from its prior level. The amendment is intended to enhance the role of IORB in maintaining the federal funds rate in the target range established by the Federal Open Market Committee ("FOMC" or "Committee").
Learn More💰Treasury Announces 3% Interest Rate for Immigration Bonds (2025)
For the period beginning January 1, 2025, and ending on March 31, 2025, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 3 per centum per annum.
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