IRS offers penalty refund for EFTPS enrollment.

The IRS is offering an incentive to encourage enrollment in and use of the Electronic Federal Tax Payment System.

Roughly 1 million employers could qualify for a refund of a previously paid federal tax deposit penalty.

The EFTPS-FTD penalty refund offer allows business taxpayers to receive an automatic one-time penalty refund if they have been assessed a deposit penalty on a Form 941, Employer's Quarterly Federal Tax Return.

For more, visit www.irs.gov/news room/article/O,,id=123430,00.html.