IRS’s Direct Pay Service Is Gaining Popularity
Everyone seems to love things that are automatic. In fact, when it comes to financial transactions, cash is hardly ever involved anymore, these days, as everything happens with either swipes or pushing buttons. The same is true with taxes, including the popular e-file option for millions of taxpayers every year.
It turns out getting your refund isn’t the only way to do things electronically with the IRS. The federal tax agency is also very glad to take your money through electronic means. In fact, according to the IRS, it has now processed more than one million electronic tax payments through its Direct Pay option, for a grand total of more than $1.7 billion.
The IRS’s Direct Pay system allows people to pay their tax bills or estimated tax payments online. It is a free service and payments go directly from your bank account to the IRS. The system is not just for tax season, either. With the tax correspondence season now hitting full steam, additional tax assessments and bills for unpaid taxes will soon be arriving in taxpayers’ mailboxes.
With Direct Pay people can make those payments 24 hours a day, seven days a week and the IRS hopes many people will use this service. If you should mess up you also have the option to fix your mistake so long as the payment hasn’t already been processed. Of course, if you do use Direct Pay, make sure you have money in your account to cover the bill.
Attributes of True Leaders
Attributes of True Leaders Leaders come in many different molds and what make a good leader in one industry might be completely different in another industry. Likewise, while many leaders possess a lot of the same attributes, not every lme. So, what attributes make true leaders? The answers will depend on the setting and upon…
California Budget Surplus Could Have Adverse Effects
California Budget Surplus Could Have Adverse Effects By Rose Lu Chen, CPA Greenstein, Rogoff, Olsen & Co. Posted: 7/2/10 If you hire a household employee, you will have federal and California tax obligations with respect to your household employment. Household Employee A household employee is someone you hire to do your household work, and you…
Behind In Your Tax Debt to the IRS? Try Negotiating
Tax Debt to the IRS? Try Negotiating Do you remember that part in the movie A Christmas Story where Ralphie, as the narrator, proclaims in reference to his father: “The old man loved bargaining as much as an Arab trader…and he was twice as shrewd”? Well, if you enjoy a good bargain or barter, then…
Could This Be the End to an American Icon in the U.S.?
Could This Be the End to an American Icon in the U.S.? Samuel Adams was one of our great Country’s founding fathers and an American statesman. However, despite his political accolades and contributions to the United States, his name might be better known as a brand of beer. That right; if you asked who Sam…