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Eftps Authorized Account Holder Verification Form

Eftps Authorized Account Holder Verification Form

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What makes the eftps letter sample legally valid?

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Instructions and help about Eftps Authorized Account Holder Verification Form

HI, I’M MEL, AND I WORK FOR THE INTERNAL REVENUE SERVICE. IF YOU’RE AN EMPLOYER WHO OUTSOURCES PAYROLL DUTIES TO A THIRD PARTY, YOU, AS THE EMPLOYER, WILL GENERALLY REMAIN RESPONSIBLE FOR THOSE DUTIES. EVEN IF A THIRD PARTY TAKES CARE OF SOME OR ALL OF YOUR EMPLOYMENT TAX WITHHOLDING, REPORTING, AND PAYMENT OBLIGATIONS, YOU ARE STILL ULTIMATELY RESPONSIBLE IF ANY EMPLOYMENT TAXES ARE NOT TIMELY PAID. HERE ARE SOME TIPS TO KEEP IN MIND WHEN OUTSOURCING PAYROLL. WHEN A THIRD PARTY ENROLLS YOU IN THE ELECTRONIC FEDERAL TAX PAYMENT SYSTEM, OR EFTPS AS IT’S COMMONLY CALLED, TO MAKE THE FEDERAL TAX DEPOSITS ON YOUR BEHALF, YOU MIGHT RECEIVE AN INQUIRY PERSONAL IDENTIFICATION NUMBER, OR PIN. IF SO, IMMEDIATELY ACTIVATE THIS PIN TO MONITOR THE EFTPS PAYMENTS, AND ENSURE THE THIRD PARTY IS MAKING THE REQUIRED TAX DEPOSITS ON YOUR BEHALF. IF YOU HIRE A THIRD PARTY TO MAKE SOME, BUT NOT ALL, OF YOUR TAX PAYMENTS, YOU WILL NEED TO ENROLL IN EFTPS SEPARATELY TO MAKE THE REMAINDER OF THOSE PAY

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