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Tax Payment Through The Following Methods: by Flora Anderson





Tax Payment Through The Following Methods: by
Article Posted: 08/05/2015
Article Views: 510
Articles Written: 74
Word Count: 519
Article Votes: 0
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Tax Payment Through The Following Methods:


 
Business,Government,Law
Each time you bring your vehicle on road, you are liable to report form 2290 right after the second month of use. Assuming you bought your vehicle in the month of April, you are liable to report form 2290 for the VIN. However, if the due date is falling on a weekend, the due date will be moved to the next business day, and the tax should be filed by then.

If you miss the due date, you are liable to pay tax with penalties. We at Tax2290.com, advise our taxpayers to come over and report form online. It is the easiest and the simplest method to report and file tax. However, today, we are going to talk about the methods to pay tax to the IRS.

The first method is:

Direct Debit/ Electronic Funds Withdrawal:

In this method, the amount is directly debited from your account. You need to provide the valid information and maintain sufficient balance in your account for the payment. You can also revoke the payment by getting in touch with U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days before the settlement date.

EFTPS (Electronic Federal Tax Payment System):

The second method you can choose is, EFTPS. The abbreviation for EFTPS is Electronic Federal Tax Payment System. This method stands as an IRS initiative, providing a secure network to pay your dues online. You have to schedule the payment on your own and you are held responsible for a timely payment. To create or manage, you can visit eftps.gov or call 1-800-555-4477. To initiate a payment through this account, the transaction should be initiated at least one business day before the due date.

Check or Money Order:

If you wish to make an offline payment, you can choose check/ money order as the payment method. To make use of this method, print the completed payment voucher 2290-V and mail it to IRS.

Note:

Taxpayers are not allowed to pay their taxes through cash. The check or money order should be payable to United States Treasury. Add details like name, address, EIN, “Form 2290,” and the date (as entered in Box 3) on your payment. Detach the payment voucher 2290-V and send across the payment. If you choose to file it electronically (e-filing), form 2290 and schedule-1 copy with the payment voucher is not required. Stapling the payment to the voucher or form 2290 should be avoided.

Send the payment and voucher 2290-V to: Internal Revenue Service: P.O. Box 804525 Cincinnati, OH 45280-4525

So which method do you prefer to pay your tax to the IRS? if you are choosing online payment and little skeptical about your card/ bank details, we can assure you, the information passed through our servers is controlled and posted to through security walls, which cannot be accessed by anyone. Not even us. So what is the wait for? Try a hand with efiling and get your schedule 1 copy printed with IRS watermark in minutes. Reach our Tax Experts at 1-866-245-3918 or email us your queries to support@taxexcise.com. You can expect instant answers from our end.

Related Articles - form 2290 online filing form 2290, efiling form 2290, application filing, easy filing, easy efiling, form 2290, tax2290, 2290 online, smart ways,

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