Santa Ana, CA April 18, 2008 – Cachet Banq, a Southern California based national financial services company , in conjunction with their payroll tax division, Payroll Tax Management (PTM), is launching their new payroll tax system, FlexTax™. The new payroll tax system provides companies with state-of-the-art technology and benefits not formerly available to those who outsource their payroll taxes.

FlexTax™ simplifies the process for companies who outsource their payroll tax processing, and those who handle their payroll taxes in-house. Clients can view their tax payment history, tax notices, and access pertinent tax information online.  Most importantly, companies can earn interest on their tax float.

PTM offers two web-based systems; the new FlexTax™ Service and a Traditional Payroll Tax Service, which allows companies to completely outsource their payroll tax processing. Corporations and payroll service bureaus can choose whichever service best suits their needs.

Corporate employers, and payroll service bureaus interested in learning more about the FlexTax™ or Traditional Payroll Tax Services, can visit Cachet Banq booth 844, www.cachetbanq.com,, www.payrolltaxmgmt.com or call 626-578-9400.

Unlike traditional tax, pay, and file services, the patent pending FlexTax™ System provides companies with the ability to retain partial control of their payroll tax processing, without losing the benefits of outsourcing their payroll taxes.