EFTPS (Electronic Federal Tax Payment System)

By -

 The electronic federal tax payment system (EFTPS) is payment mode to pay your taxes to the IRS, it is provided free by the US department of treasury. Businesses and individuals can pay their federal taxes electronically over the internet or by phone 24/7. More than 9.5 million taxpayers are currently registered in the system. Since EFTPS started in 1996, there have been over 1 billion electronic payments made, totaling over $22.8 trillion. The service has been used by businesses, individuals, tax professionals and payroll services.
 
All types of federal taxes can be paid using EFTPS. You can make payments on www.eftps.gov, a voice response system, or special channels designed for tax professionals, payroll services, and financial institutions. EFTPS is fast, secured, and accurate and is available over the phone or online 24 hours a day, 7 days a week. You can schedule a business payment up to 120 days in advance or an individual payment up to 365 days in advance.  
This is how it works:


STEP 1: Enrollment. To get started, you will need the following information:
  • Taxpayer Identification Number (Employer Identification Number if you're enrolling as a business or your Social Security Number if you're enrolling as an individual).
  • Banking account number and routing transit number.
  • Address and name as it appears on IRS records.
  • Log on to www.eftps.gov
  •  Select "Enrollment."
  • Select "Business," or "Individual," or "Federal Agency."
  • Enter the requested information and Submit.
 In seven business days, you will receive your PIN by mail.


STEP 2: Creating your password:
  • Log on to www.EFTPS.gov and click on "Log In."
  • Click on "Need a Password." Enter your EIN or SSN and your PIN
  • Verify your banking information or your EFTPS enrollment number (which appears on your PIN letter)                                 
  •  Create your new Internet password.
STEP 3: Making payments:
  • Log on to www.eftps.gov and select "Make a Payment."
  • Select "Log In" and use your EIN, PIN, and the password you created. Enter the payment information in the following screens.
 
When you're done, save a copy of the Payment Confirmation page. This contains your EFT (Electronic Funds Transfer) Acknowledgment Number that is considered as a receipt for your payment instruction to the IRS. 

Note: If you face any problem in getting your PIN, EFTPS Call Customer Service at 1.800.555.8778.

EFTPS is one way through which you can make your tax payment to the IRS at Tax2290.com. If you choose to make the payment through EFTPS, make sure you schedule your payment a day before the taxes are due. EFTPS is Safe, Quick, and easy to use.     

Taxexcise.com is committed to provide the Best in Quality and Service for all our users, www.Tax2290.com /www.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290.Tax2290 is a product of ThinkTrade Inc and a part of TaxExcise.com. We are a BBB accredited company with A+ certification.

For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com
                   

Comments

Post a Comment

Popular posts from this blog

PREFILING IS BACK WITH TAX2290 AND GET READY TRUCKERS

By -
Image
Time ticks now for Federal Vehicle Use Tax Form 2290 reporting and we at Tax2290.com is all set to start with accepting 2290 return for the new tax year July 2020 – June 2021.     Form 2290 – Federal Vehicle Use Tax Return: The IRS  tax form 2290  is used to prepare and report the highway heavy vehicle use taxes on motor vehicles with a taxable gross weight of 55,000 pounds or more. This generally includes trucks, truck tractors and buses. The tax of up to $550 per vehicle is based on gross weight category and expected miles driven (5,000 miles for general vehicle and 7,500 miles for agriculture vehicle) on public highway.  Form 2290 and Schedule 1  must be filed for the tax period beginning on July 1, of this year and ending on June 30, of successive year. Form 2290 Electronic Filing: Tax Form 2290  can be electronically prepared and reported through TaxExcise.com. It is always easy, safe and quick when you choose to file  2290 returns electronically , IRS as well will receive your re
Read more

File VIN Correction Online and Get Schedule1 Copy in Minutes

By -
Many tax payers do the mistake of entering the wrong ‘Vehicle Identification Number’, which is of 17 characters and a mixture of both numbers and letters. To err is human and there are chances of entering the wrong VIN especially when filing tax 2290 at the last hour. Let’s say, you might enter S instead of the number 5 and is likely to happen with others too. Neither you nor the system has indentified it but when you carry the schedule-1 copy to the DMV’s office, you realize the mistake done by you. There is no need to press the panic button but take the necessary steps to get a new schedule-1 copy with the corrected VIN number. What is VIN? VIN or vehicle identification number is a code given to automobiles, as identification of every vehicle. Until 1981, no specific standards were followed for allocating VIN, as well as different manufacturers use different format. However, in 1981 the ‘National Highway Traffic Safety Administration’ changed the format and made it mandato
Read more

How to Avoid Collision with Wild Animals on Highway?

By -
Summer is a prime time bringing out the best of the nature and the time when truckers can enjoy while driving. Every bend has something new to offer the trucker. This can also be treated as a stress buster for the truck drivers as they have a hectic schedule to follow. After winter hues, it’s time for truckers to take some steps to ensure they have a safe journey.  Driving on smooth roads and cleaner environment, they are likely to see many different animals: from huge moose to small porcupines. As the summer drops in, many creatures tend to become more mobile and are usually found crossing the road and moving to the other end to find a new habitat. It is different to enjoy a scene like this and most importantly, it is entertaining for the truckers.  However, wildlife and trucks on the road is a lethal mix especially if they run over an animal. It is not only emotionally upsetting but can damage their vehicle to a great extend. Yes, larger the animal, bigger the collision
Read more