Link2Gov Corp. announced that its Pay1040.com service, now in its fifth year of contracted electronic payment processing for the Internal Revenue Service, is experiencing a 63 percent year-over-year increase in the dollars being processed for federal tax payments.
This news follows a recent IRS report showing significant growth in card-based tax payments during 2006. According to transaction data, the IRS received approximately 2.1 million card payments in 2006, a 35-percent growth over 2005’s figures.
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