WASHINGTON, Oct. 19 -- Internal Revenue Service has issued a rule called: Regulations Regarding Payment of Tax by Commercially Acceptable Means.
The rule was published in the Federal Register on Oct. 19 by Frank J. Bisignano, Chief Executive Officer.
Summary: This document contains final regulations regarding the payment of tax by commercially acceptable means. The final regulations reflect changes to the law made by the Taxpayer First Act that would allow the IRS to directly accept payments of tax by credit or debit card, without having to connect taxpayers to third-party payment processors. These final regulations remove restrictions on the payment of any fee by the IRS under any contracts related to payment of taxes by credit, debit, o...