More Details on the cash payment plan.

Reader comment on: The War on Cash, IRS Style

Submitted by Lyle (United States), Apr 7, 2016 16:43

https://finance.yahoo.com/news/pay-taxes-buy-slurpee-irs-201703375.html

Note that the numbers involve using 7-eleven as a payment agent. So the limit and fee may well be what 7-eleven feels is safe since 7-elevens are also stop and rob stores. So they may not want that much cash around to minimize losses due to robberies. Other than this it appears that the IRS did not have anyway to take cash directly.

Note that there are also fees involved if you use a credit card.

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Other reader comments on this item

Title By Date
⇒ More Details on the cash payment plan. [77 words]LyleApr 7, 2016 16:43
But you just need to go to a bank and buy a money order. [101 words]lyleApr 6, 2016 19:13
Cash Is Annoying [44 words]Robert ZadekApr 6, 2016 17:13

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