Are you ready for EFTPS? (Electronic Federal Tax Payment System): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on April 1, 1997. The length of the article is 2197 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Employers that had payroll tax liabilities of at least $50,000 in 1995 will be required to participate in the IRS's Electronic Federal Tax Payment System (EFTPS) beginning on July 1, 1997. The IRS has notified all taxpayers subject to the electronic withholding and payroll tax requirement, and taxpayers that fail to participate will be subject to a 10% penalty on amounts deposited. The IRS has identified permissible methods of transfer, has identified how to enroll and is providing additional assistance.

Citation Details
Title: Are you ready for EFTPS? (Electronic Federal Tax Payment System)
Author: Jay Starkman
Publication:The Tax Adviser (Magazine/Journal)
Date: April 1, 1997
Publisher: American Institute of CPA's
Volume: 28 Issue: n4 Page: 230(3)

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