Official Payments (TIER) Awarded Multi-Year Contract by the IRS
More News related to TIER
- After-Hours Movers 11/09: SGK, PCLN, SQNM Higher; MBI, SDTH, UTK, TOPS, CPST, BTN, FLR Lower
- Tier Technologies (TIER) Reports a Q4 Loss
- Tier Reports Fiscal 2009 Fourth Quarter and Year End Results
- Trading Radar for 11/10: Tyco Int. (TYC), ArvinMeritor (ARM), Clearwire (CLWR), American Apparel (APP) Report
- Tier Schedules Fiscal Year 2009 Fourth Quarter and Year-End Earnings Release and Conference Call
More News related to Corporate News
- Dollar General (DG) Offers 10% Discount to Volume Toy Purchase
- Navios Maritime (NMM) Completes Follow-On Offering of 4M Common at $14.90/Unit
- Incyte (INCY) Strikes Major Drug Development Deal with Noavartis
- Transocean (RIG) Ultra-Deepwater Driller Commences Operations for BP (BP) Subsidiary
- RADA Electronic (RADA) Signs $2.6 Million Contract with Lockheed Martin (LMT)
Tier Technologies, Inc. (Nasdaq: TIER) announced that its wholly-owned subsidiary, Official Payments Corporation, has been awarded a multi-year contract by the Internal Revenue Service (IRS) to provide electronic payment solutions for personal and business taxes. The contract contains a base period commencing April 2, 2009 and four one-year option periods running until December 31, 2013.
Since 1999, when Official Payments began processing federal tax payments for the IRS, the company has processed over $9.0 billion in federal taxes. Official Payments was selected by the IRS to pilot federal electronic tax payments and is the only company that has provided these services continuously since 1999.
Tier Technologies, Inc. primarily provides federal, state and local government and other public sector clients with electronic payment solutions.[SM]
Related Categories
Corporate NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
