No more Paper Coupons for business after 12/31/10
As of January 1, 2011 business taxpayers will no longer be allowed to use a paper coupon (IRS Form 8109 – Federal Tax Deposit Coupon) to deposit federal taxes directly to an authorized bank. You will now be required to make deposits by telephone or online using the Electronic Federal Tax Payment System (EFTPS). Because the process for enrolling in EFTPS can take several weeks and involves multiple steps, we highly suggest you enroll right away if you have not already done so. Enrollment can be done via the web at www.eftps.gov or by completing Form 9779 EFTPS Business Enrollment Form.
Enrollment can take about 10-15 business days for online enrollment and up to 10 weeks for paper enrollment, so sign up today!
If you have any questions or would like any assistance with the enrollment process, please contact us.
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