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I have been paying my quarterly estimated federal income tax via the EFTPS system for some time now (it's mentioned as the third item in the attached article.) I find it to be easy, accurate and I do not have to mail a check to the IRS, thus saving the cost of a stamp. It may be a good way for you to pay Uncle Sam his due, unless you happen to be part of that 47% of my fellow citizens who pay no tax. (Still a statistic that I find astounding since I have been paying the IRS since I was 16 YO!)
Leading the way is the federal agency that has the most direct contact with working Americans: the Internal Revenue Service. Last year, almost 95 million taxpayers filed electronically, many because they were due refunds that were processed more quickly because their tax data were sent online.
Now the IRS is working to convince taxpayers that they, too, should go the electronic route when it comes to paying up. The agency has entered into partnerships with the private sector, including the banking industry, tax software developers and credit card processors, to make tax e-payments more appealing.
Here are the ways you can electronically move your money into the U.S. Treasury.
http://www.bankrate.com/finance/money-guides/online-tax-paying-options-1.aspx
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I hand out my bank details as few times as possible. If we are ever cyberattacked by a nation, it'll be government agencies that the bad guys go for to shut down communications on first. I believe that's how the next war, if we get in amongst one, will be fought. Not just on the ground, but online. I don't want my bank account to be in amongst what they can access. Can you imagine how much instability it would cause if they did get into all government records?
Do I sound nuts? LOL. I think I've been online too many years. :) But hey, it's already happened to Google and I wouldn't have thought their security level was no small potatoes. Interesting article though!
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Hey Kay,
Though I do not share your concerns for the lack of online security, I commend you for sticking to your guns and not getting involved as I have. It's always better to stay with the things that you are comfortable with.
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Thanks for the information, micharch! I like knowing when I have options. :)
That was interesting. I'm trying to get more comfortable about paying for anything online and I am, slowly but surely, the longer things go smoothly. It makes sense that they should go that route too.
Without frugality none can be rich, and with it very few would be poor.
- Samuel Johnson