Online Federal Tax Payments by EFTPS
What is EFTPS
EFTPS stands for Electronic Federal Tax Payment System. EFTPS is a tax payment system offered free from the U.S. Department of the Treasury, designed with busy business taxpayers in mind.
Redwood Credit Union participates in the EFTPS Direct Program. When you enroll in EFTPS Direct you can use EFTPS Online to make a payment, cancel a payment, review your payment history, change bank account information--and more. It's easy to navigate, and secure with both a PIN and Internet Password combination.
Easy and Convenient to Use
- Using the Internet or a phone, you input your tax payment information and send it. It's that easy. If you prefer to use your PC, you can receive free EFTPS Windows® based software that's easy to install and use.
- EFTPS eliminates your preparing an IRS 8109 Coupon and having to make a trip to the Bank/Credit Union to make the deposit.
- Tax payments are automatically withdrawn from the business account you designate.
- EFTPS is available 24 hours a day, 7 days a week to pay all your Federal business taxes. To enroll just click onto their web site at www.eftps.gov.
How To Enroll
Before you enroll in EFTPS, you'll need to have the following information:
- Your Taxpayer Identification Number (TIN)
- For businesses, this is your EIN (Employer Identification Number)
- For individuals, this is your SSN (Social Security Number).
- The name of your financial Institution, Routing Number, Account number and account type (checking or savings)
- You will need to complete the name, address, and telephone number information on the New Taxpayer Enrollment Form.
All EFTPS materials and correspondence will be mailed to the IRS address of record. This is the address on file with the IRS as it appears on your tax returns or IRS documents.
You input and verify all of the information. After all your information is validated, you will be presented with an Enrollment Confirmation page that includes an Enrollment Trace Number. You will be requested to print this page for your records.
After you complete your online Enrollment Form, Confirmation materials will be created and mailed within 15 business days to the primary contact name and the address you indicated. Your Personal Identification Number (PIN) and instructions on how to obtain your Internet Password will be mailed to your official IRS address of record (this is the address that appears on your tax return or IRS documents.)
- Enroll at the EFTPS website
Security
For you to use EFTPS - Direct, you will receive a Personal Identification Number (PIN). Your PIN must be used in combination with your Taxpayer Identification Number (TIN) to gain access to EFTPS by Internet, PC software, or phone. You have complete and exclusive control over your PIN. The government does not have access to your PIN. If you use EFTPS Online, you will also be issued a password that together with your PIN and TIN gives you maximum security online. Make sure your password is secure. Find password tips here.
Still have Questions?
Visit the EFTPS website to view online help, customer support and frequently asked questions.
To receive quick, accurate answers to your Business Plus membership questions, call our Business Plus priority help line at (877) 545-4100 or visit any RCU branch.
