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SM Electronic Federal Tax Payment System WANT to GET RID of THESE COUPONS  Form

SM Electronic Federal Tax Payment System WANT to GET RID of THESE COUPONS Form

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hey it's patti scharf CPA and co-founder of catching clouds the leader in e-commerce accounting today I want to talk about EFTPS EFTPS stands for electronic federal tax payment system it is the system that the US government uses for collecting payments for estimated taxes you can make income tax payments if you get a notice from the IRS you can submit payment that way you can submit payment through payroll taxes and all of that when we have a new client we always recommend that they actually sign up and get a login for this not because we want them to make payments through the system but because the system allows you to see what payments have been made on your account so if you're outsourcing your payroll taxes or you you're asking your professional to pay taxes in and your behalf then you can actually log in and make sure that that's happening and it's happening the way you would expect it to happen I recently did a video on internal controls and one of the stories that I saw in the

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