New appropriate federal price (AFR) ‘s the minimum rate of interest your Internal revenue service (IRS) allows for individual funds. Monthly this new Internal revenue service posts a collection of rates of interest you to the fresh new service considers the minimum business speed to have funds. People rate of interest that is lower than the brand new AFR will have income tax implications. The brand new Internal revenue service publishes these pricing prior to Section 1274(d) of Interior Cash Password. Continue reading →