Change is coming....and soonMany have noticed but some may not have yet received word that FTD's (Federal Tax Deposit coupons) will no longer be accepted at banking institutions after this month (December 2010).
You may sign up to pay electronically by accessing the IRS website at www.irs.gov. Look for the link to EFTPS and follow the instructions to sign up for the service. It's free though you will have to wait approximately 7 to 10 days to receive a follow up letter in the mail. The letter you receive from EFTPS will give you a password of sorts which will let you activate your account in order to start making payments.
Some words of note. You must pay a few days in advance via the internet method if you intend to have your payment made on time.
Don't say I didn't warn ya'.
I am a CPA in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 12/14/2010