The Taxman Looks to Speed Up Payments• Technologyreview.com
It’s one thing to pay for a coffee using a startup’s payment app. It’s a bigger deal to pay your taxes that way.
Taxpayers in Iowa could be doing this one day soon, as a result of a partnership with the Des Moines-based payment startup Dwolla (a portmanteau of “dollar” and “Web”). Iowa Governor Terry Branstad announced today that government officials would be exploring ways to use the service, including potentially collecting property taxes, issuing refunds, paying contractors, and renewing vehicle registrations.