Florida Department of Revenue Announces Interest Rates for Tax Payments Remain the Same

The Florida Department of Revenue, in TIP No. 14 ADM-01, announced that the interest rates on payments of most taxes and fees remain 7 percent through June 30, 2015.  This rate has been in effect since January 1, 2010.  From January 1, 2009 through June 30, 2009, the rate was 9 percent.  From July 1, 2009 through December 31, 2009, the rate was 8 percent.This rate applies to underpayments, late payments, and overpayments. Want to further discuss these issues?  Contact me at 954-944-3929 or nrumbak@rumbaklaw.com.*This document contains legal information, but does not contain legal advice.