Alabama Announces Second Quarter Interest Rate

The Alabama Department of Revenue recently announced the quarterly interest rate for underpayments and overpayments of withholding taxes for the second quarter of 2019.

The interest rate for the first quarter of 2019 was 6% and will remain at 6% for this coming quarter.

Author

Tom Hospod

Tom Hospod is a Regulatory Counsel at Sovos Compliance. Within Sovos’ Regulatory Analysis function, Tom focuses om Affordable Care Act (ACA) reporting, Tax Withholding, and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.
Share This Post