Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced that, beginning January 2007, its LINK2GOV business unit can process credit card payments related to federal business tax Forms 9411 and 9402 for an expanded number of filing years: 1997 through present balance due3. Businesses can make these credit card-initiated, balance-due tax payments at www.PAY1040.com, or by calling 1-888-729-1040. When the IRS first authorized card-based business tax payments earlier this year, prior-year acceptance reached back only as far as 2005. An expansion of the program enables LINK2GOV, which is in its fifth year of contracted credit card processing for the IRS, to accept all major credit cards for an unprecedented amount of business tax payments. Additionally, LINK2GOV�s QuickPay e-mail Reminder program offers automated reminders, prior to the next Form 941 tax return due date. Each convenience e-mail contains instructions on how to make a Form 941 Employer's Quarterly Tax balance due payment at the Pay1040 site. For the businesses, some Forms 941 and 940 tax payments may qualify for payment card rewards programs, and the IRS will allow the standard convenience fee to be deducted as a business expense. �Expedited payment services are increasingly in demand across the consumer segment, and they�re equally attractive to businesses dealing with a meticulous federal tax payment schedule,� said Edward Braswell, president, LINK2GOV. �As the IRS allows, LINK2GOV will continue to expand the reach, functionality and convenience of online, card-based federal tax payments for both consumers and business.� LINK2GOV, a Metavante company, has been providing comprehensive, customized electronic service applications for government agencies since 1995. In addition to the IRS payment services, LINK2GOV also facilitates the collection of real estate taxes, utility bills, vehicle registrations and driver�s license renewals, parking tickets, traffic citations, tuition payments, court fees and fines, hunting and fishing licenses, as well as various business licenses. Metavante Payment Solutions delivers electronic money movement through an integrated payments network, including an ATM/PIN debit network in NYCE, online bill payment, a complete suite of payment cards and automated clearing house (ACH) processing. Metavante helps clients grow revenue by capitalizing on the expanding electronic payments markets including financial, healthcare and government payments. About Metavante Metavante Corporation delivers banking and payments technologies to financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, and electronic presentment and payment. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & Ilsley Corporation (NYSE: MI). 1 Form 941: Employer�s Quarterly Federal Tax Return. 2 Form 940: Employer�s Annual Federal Unemployment (FUTA) Tax Return. 3 Card payments do not qualify as federal tax deposits. Metavante, Link2Gov, Pay1040 and NYCE, are registered trademarks of Metavante Corporation. Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced that, beginning January 2007, its LINK2GOV business unit can process credit card payments related to federal business tax Forms 941(1) and 940(2) for an expanded number of filing years: 1997 through present balance due(3). Businesses can make these credit card-initiated, balance-due tax payments at www.PAY1040.com, or by calling 1-888-729-1040. When the IRS first authorized card-based business tax payments earlier this year, prior-year acceptance reached back only as far as 2005. An expansion of the program enables LINK2GOV, which is in its fifth year of contracted credit card processing for the IRS, to accept all major credit cards for an unprecedented amount of business tax payments. Additionally, LINK2GOV's QuickPay e-mail Reminder program offers automated reminders, prior to the next Form 941 tax return due date. Each convenience e-mail contains instructions on how to make a Form 941 Employer's Quarterly Tax balance due payment at the Pay1040 site. For the businesses, some Forms 941 and 940 tax payments may qualify for payment card rewards programs, and the IRS will allow the standard convenience fee to be deducted as a business expense. "Expedited payment services are increasingly in demand across the consumer segment, and they're equally attractive to businesses dealing with a meticulous federal tax payment schedule," said Edward Braswell, president, LINK2GOV. "As the IRS allows, LINK2GOV will continue to expand the reach, functionality and convenience of online, card-based federal tax payments for both consumers and business." LINK2GOV, a Metavante company, has been providing comprehensive, customized electronic service applications for government agencies since 1995. In addition to the IRS payment services, LINK2GOV also facilitates the collection of real estate taxes, utility bills, vehicle registrations and driver's license renewals, parking tickets, traffic citations, tuition payments, court fees and fines, hunting and fishing licenses, as well as various business licenses. Metavante Payment Solutions delivers electronic money movement through an integrated payments network, including an ATM/PIN debit network in NYCE, online bill payment, a complete suite of payment cards and automated clearing house (ACH) processing. Metavante helps clients grow revenue by capitalizing on the expanding electronic payments markets including financial, healthcare and government payments. About Metavante Metavante Corporation delivers banking and payments technologies to financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, and electronic presentment and payment. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & Ilsley Corporation (NYSE: MI). (1) Form 941: Employer's Quarterly Federal Tax Return. (2) Form 940: Employer's Annual Federal Unemployment (FUTA) Tax Return. (3) Card payments do not qualify as federal tax deposits. Metavante, Link2Gov, Pay1040 and NYCE, are registered trademarks of Metavante Corporation.
Marshall & Ilsley (NYSE:MI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Marshall & Ilsley Charts.
Marshall & Ilsley (NYSE:MI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Marshall & Ilsley Charts.