Quarterly Federal Business Taxes Due January 31

NORCROSS, Ga., Jan. 30, 2012 /PRNewswire/ -- Official Payments Corp., a leading provider of electronic payment solutions, alerts all business owners, financial officers and accountants that Tuesday, January 31, 2012 is the due date for filing and paying taxes associated with the Employer's Quarterly Federal Tax Return, Form 941, for the quarter ending December 31, 2011.

"The end of the quarter is always a hectic time for business owners as well their accountants and financial departments," said Alex P. Hart, President and CEO of Official Payments. "At Official Payments, we're happy to make this time a little less stressful by helping companies meet IRS requirements. Businesses have the option of paying any federal taxes due using a debit card, credit card or one of a number of other payment options at www.OfficialPayments.com/fed. If they use a debit or credit card, they can effectively manage cash flow and earn rewards or points if their card program offers them. "

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. The January 31 date is for payment of fourth-quarter 2011 taxes.

In addition, certain states and localities have tax forms and payments due on January 31. Employers should check with their own state and local tax departments for more information.

About Official Payments

Official Payments Corp., a wholly owned subsidiary of Official Payments Holdings, Inc. (Nasdaq: OPAY), 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 4,600 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 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.

The tax due dates outlined in this release are obtained from a taxing authority and it is not the responsibly of Official Payments to communicate any changes or updates. Taxpayers are responsible for determining tax deadlines.

SOURCE Official Payments Corp.

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