News


Do you drop off Fed Tax Payments?

IRS now requires businesses to pay their federal taxes electronically.
If so, you should know that the Internal Revenue Service (IRS) recently announced a new rule that calls for most businesses that now pay their federal taxes with a paper Federal Tax Deposit coupon (IRS Form 8109) to pay electronically as of January 1, 2011. Additionally, banks will no longer be able to accept tax payments. Please visit www.eftps.gov/eftps to learn more about paying your federal taxes electronically.