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.
Intel Chief Economist | Paul Thomas
About Paul Thomas Paul Thomas is chief economist and manager of market sizing and forecasting at Intel Corporation in Santa Clara, Calif. He joined Intel in December, 2004, after working at Continental Airlines in Houston, Texas, from 1997 to 2004 and as chief economist from 2001 to 2004. Paul was senior economist at Douglas Aircraft…
Immigration Law | Jake Lipman
About Jake Lipman Jake Lipman has practiced immigration law for over ten years. His practice focuses on employment-based immigration, counseling employers in complex immigration practice and policy concerns. Over the years, he has supported multinational and domestic organizations of all sizes and from every major industry. Jakob has lectured on immigration-related subjects in a variety…
Disruptive Business Education | Manoj Fernando
About Manoj Fernando Through his global work experience, including six Silicon Valley startups, Manoj has learned much about business and entrepreneurship — often the hard way. When he had the opportunity to teach Executive MBA students he realized he was lacking in real-life business education. In particular, the relevant basic building blocks of Silicon Valley’s…
Factors of Success | Leigh Perkins
About Leigh Perkins Hunting big game in India, Morocco, and Scotland, Orvis Chairman Leigh Perkins has dedicated his life to outdoor sporting pursuits. His passion extends well beyond mere participation, however; Perkins has been one of the sporting life’s great ambassadors, sharing his passion with everyone within reach, from working people to presidents. Under Perkins’…