“IRS Direct Pay” Permits Electronic Payment of Tax Bills

Taxpayers can now use the “IRS Direct Pay” feature to pay their tax bill or estimated tax payments electronically. The payments are taken directly from the taxpayer’s bank account. The system allows payments to be scheduled up to 30 days in advance.

See Tom Herman, “A New Way to Pay Federal Tax,” The Wall Street Journal (August 23, 2014).

Posted by Ryan Moore, Associate Editor, Wealth Strategies Journal