Payroll

What is the Electronic Federal Tax Payment System (EFTPS)?

EFTPS

The Electronic Federal Tax Payment System, or EFTPS, is simply a way to pay your taxes to the IRS electronically through a secure government website. With the EFTPS you can pay your taxes online or via phone 24/7. Because it’s electronic, it’s considered more secure, accurate, and convenient than other methods. EFTPS is offered for free by the U.S. Department of Treasury.

How do I enroll in the EFTPS?

To learn more or register, visit the IRS websiteWhen you enroll in EFTPS, you will get a PIN number in the mail. Make sure to keep this in a safe place so you can use it to make payments and check on the status of any pending or completed payments. To log on to the system, you must also authenticate with your Taxpayer Identification Number (EIN or SSN) and an account password along with your PIN.

What if I have a payroll provider?

If you have a payroll provider, they may register you under their own bulk EFTPS account. In this case you should still keep your PIN number, but your provider doesn’t need it to make payments on your behalf.

 

This article provides general information and shouldn’t be construed as tax advice. Since tax rules may change over time and can vary by location and industry, please consult a CPA or tax advisor for advice specific to your business.