Quarterly Business Taxes Due July 31
RESTON, Va., July 26, 2011 /PRNewswire/ -- Official Payments Corp., a leading provider of electronic payment solutions, alerts all business owners and their accountants that Sunday, July 31 is the due date for filing and paying taxes associated with the Employer's Quarterly Federal Tax Return, Form 941 for the quarter ending June 30th, 2011.
"This quarter, companies have an extra day to file Form 941 and pay business taxes because the due date, July 31, falls on a Sunday this year," said Alex P. Hart, President and CEO of Tier Technologies, Inc., the parent company of Official Payments. "Businesses have the option of paying any taxes due using a credit or debit card or other payment option at www.OfficialPayments.com. By using a credit card, businesses can effectively manage cash flow and earn rewards or points their card program may offer. In fact, Official Payments offers more payment options than any other electronic payment provider."
Form 941 is used to report wages, tips, and other compensation during the quarter, as well as federal income tax withholdings, Social Security taxes and Medicare taxes. After July 31, the next date for filing and paying business taxes will be October 31.
In addition, certain states may have tax forms and payments due on August 1. Employers should check with their own state tax department for more information.
About Official Payments Corp.
Official Payments Corp., a wholly owned subsidiary of Tier Technologies, Inc., is a leading provider of electronic payment solutions for the United States Internal Revenue Service (IRS), 27 state governments, the District of Columbia, more than 4,000 local and municipal government agencies, more than 350 colleges and universities, and other public and private interests in all 50 states. Official Payments customers can pay federal taxes, state and local taxes, property taxes and other bills such as utilities and college tuition with credit cards, debit cards, electronic checks and Bill Me Later via online, telephone, point of sale and other channels. Visit http://www.OfficialPayments.com for more information.
Official Payments is not a tax advisor and does not provide advice on any tax requirements. Use of any information from this announcement or site or any other web site referred to is for general information only and does not represent personal tax advice either expressed or implied. You are encouraged to seek professional tax advice for tax questions and assistance.
SOURCE Official Payments Corp.
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