So filers, how are you doing today. Here’s the quick reminder about the due date for excise tax that falls on 31st October 2014. The third quarter due date for this Quarterly Federal Excise Tax Return is round the corner. Ensure you file your return on or before the due date or penalties would tag along.
Today, we are going to talk about how you can pay your dues online. The following are the methods you can follow to cut short your workload and trips to IRS.
Direct Debit/ Electronic Funds Withdrawal:
When you are filing your taxes online through TaxExcise, this method comes in handy. Here, IRS will initiate an electronic funds withdrawal through the details about the bank mentioned by the taxpayer while submitting IRS Tax Form 720 return. Also, you are responsible to maintain sufficient funds in your bank to make the payment.
EFTPS (Electronic Federal Tax Payment System):
The next method in the list is EFTPS. If you opt for this method, you need to schedule a payment on your own and take up the responsibility to pay taxes on time. To create an account or manage it, visit eftps.gov or call 1-800-555-4477. To initiate a payment through EFTPS, the transaction should be initiated at least one business day before the due date.
If you are new to efiling, don’t you worry about it. We are here to assist you each step you take online. Our customer support executives are around to explain and take care of things that you think are difficult. TaxExcise.com, a product of ThinkTrade Inc. is here to serve you the best and authentic. Simply dial 1-866-245-3918 or write your thoughts to support@taxexcise.com. We are here to help you out with your requirements.