Wednesday, October 17, 2007

Governments making it simple to pay our taxes

In a recent report issued by the Council of State Governments called “Acceptance and Use of Electronic Payments for State Taxes and Fees,” state governments are increasingly using electronic payments, such as credit card and ACH processing, as a method to collect taxes and fees. Of the 33 states that replied, 91% of the respondents said they were using an electronic payment program and most said they were even planning on expanding their existing programs.

The following benefits were the most commonly cited and considered the most important:

  • Decreased processing costs
  • Reduced processing time
  • Lower delinquency rates
  • Faster transaction verification
  • Increased security and accuracy
  • Added convenience for taxpayers
To see the complete report: http://www.csg.org/pubs/Documents/e-PaymentsReport.pdf

Just as regular businesses are realizing the importance of collecting payments more efficiently, so are governmental institutions. Whether you’re collecting a local tourist tax, driver’s license fee, or state income tax, government offices will reap the benefits of increased efficiencies and taxpayers will appreciate the convenience and expediency.

Credit Cards, NJ (CCNJ) has a perfect solution for all entities, even governments! Contact a CCNJ sales rep today for more information.

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