Paperless Payments
01/
24/
2006
In 2005, more U.S. tax returns were filed electronically than on paper for the first time in history. Now the IRS is extending that same convenience to payments. The U.S. Treasury’s Electronic Federal Tax Payment System is a free service that allows small-business owners and their tax preparers to pay all federal taxes electronically, including corporate, excise and employment taxes, and 1040 quarterly estimate tax payments. Pick your method—via the Internet, through a telephone response system or by other electronic means—and make your payment 24/7. Go to www.simplifyeftps.org for more.

