Printer Friendly

NEW ONLINE OPTION FOR PAYING FEDERAL TAXES.

Now individual taxpayers can enjoy the convenience of paying all their federal taxes through a secure Web site.

Since the Treasury Department's Electronic Federal Tax Payment System (EFTPS) was originally introduced, businesses have used it to pay more than $6 trillion in federal taxes.

In addition to paying estimated tax, individuals can use EFTPS-OnLine to pay a balance due with their tax return.

EFTPS-OnLie also allows individual taxpayers to schedule payments up to 365 days in advance. Business taxpayers can schedule payments up to 120 days in advance. New features include an instant, printable EFT acknowledgement number as documentation of every transaction and access to payment history for up to 120 days.
COPYRIGHT 2001 California Society of Certified Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Treasury Department's Electronic Federal Tax Payment System
Publication:California CPA
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2001
Words:112
Previous Article:GOV. DAVIS SIGNS HISTORIC CPA LICENSING CHANGES.
Next Article:HERDMAN IS NEW SEC CHIEF ACCOUNTANT.
Topics:


Related Articles
A link to the IRS.
Electronic tax payment: coming soon to a taxpayer near you.
Many companies must file tax returns electronically by 1997.
New bill would freeze Internet taxation.
Electronic records storage.
Taxpayer Relief Act of 1997 affords businesses more time to switch to EFTPS (Electronic Federal Tax Payment System)
The ETA needs you.
Smart stops on the Web.
IRS offers penalty refund for EFTPS enrollment.
More than 600 tax executives meet in nation's capital.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters