Official Payments Corporation announced the company has signed an agreement with the State of Maryland to collect individual tax year 2000 balance-due tax payments and delinquent tax payments by credit card, via the Internet and telephone. Taxpayers in Maryland will be able to make these payments by visiting [www.officialpayments.com] on the Internet or by calling toll-free 1-888-2PAY-TAX. The new payment channel for tax year 2000 is expected to go live this fall. Official Payments provides similar services to the Internal Revenue Service, the District of Columbia, and the states of Arkansas, California, Connecticut, Illinois, New Jersey, Minnesota and Oklahoma.
“We are committed to finding new ways to help our citizens. This new service does that,” said William Donald Schaefer, Comptroller of the State of Maryland. “The system will enable taxpayers to choose to make tax payments from the convenience of their home or office — 24 hours a day, seven days a week,” said Mr. Schaefer.
Maryland tax year 2000 balance-due tax returns are due no later than April 16, 2001. The state of Maryland projects $500 million in year 2000 balance due payments will be collected from 530,000 taxpayers, with an average payment of $943. In fiscal year 2000 (July to June), Maryland collected $187.6 million in delinquent tax payments.
Official Payments will charge Maryland taxpayers a convenience fee for processing these credit card transactions. For example, a taxpayer who owed Maryland $900.00 and charged their taxes would find a total of $922.50 on their credit card statement: $900.00 for the tax bill and $22.50 for the convenience fee. American Express, Discover Card, and MasterCard are the credit cards accepted by the program. Taxpayers using credit cards with bonus rewards programs can, depending on their card’s program, earn rewards, points, and cash-back or airline frequent flyer miles for paying their taxes.
About Official Payments Corp.
Official Payments Corp. is a leading provider of electronic payment options to government entities. The company enables consumers to pay government fees and taxes via telephone or the Internet, using their credit cards. The company has partnered with the United States Internal Revenue Service, several state governments, including Arkansas, California, Connecticut, District of Columbia, Illinois, New Jersey and Oklahoma, Minnesota and over 550 municipal and county entities, in which it collects property taxes, real estate taxes, parking fines and other government fees by credit card over the telephone and the Internet. The company is publicly traded on Nasdaq under the symbol OPAY. Official Payments Corp. is committed to making payments to the government go fast, smart and safe.