Keyword Analysis & Research: january 2019 afr

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Frequently Asked Questions

What is the current AFR interest rate?

As of Dec. 2019, the IRS stated that the annual short-term AFR was 1.61%, the mid-term AFR was 1.69%, and the long-term AFR was 2.09%. Please bear in mind, that these AFR rates are subject to...

What is long term for AFR?

AFRs are classified as short term (for instruments with terms of 3 years or less), medium term (for instruments with terms between 3 and 9 years) and long term (instruments with terms greater than 9 years). There are some exceptions to the AFR rules.

What does AFR mean for charities?

The AFR is meant to provide some insight to the operational costs of charities and by no means is a complete comprehensive listing to all costs incurred by charities. Some of these expenses are easy to identify, such as employee salary and operating costs (rent, utilities, office supplies, transportation and more).

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