Tag Archives: Estimated Taxes

Estimated Tax Payments Made Easy

Since estimated tax payments sent through the mail include your tax ID number, they can put your business at risk. Why mail your estimated tax payments to the IRS when there’s an easier – and safer – way?

Register your business at www.EFTPS.gov to make tax payments easily and securely.

If you are a sole proprietor or single member LLC filing a Schedule C for your tax return, register as an individual.

If you are a corporation, or if you don’t file Schedule C with your tax return, register as a business.

The registration process only takes a few minutes.

You just need:

  • Business Name
  • Business Address
  • Tax ID
  • Bank Account Information

When you’re done, save your confirmation number. The IRS will mail your logon information, which will usually arrive in two weeks.

Once you’ve received your logon information, simply log into www.EFTPS.gov to schedule your tax payment by the due date.

Estimated tax payments are due on:

  • April 15, 2014
  • June 16, 2014
  • September 15, 2014
  • December 15, 2014 (corporations)
  • January 15, 2014 (individuals)

Accurate, up-to-date financial records and consultations with your tax guru can also help you make timely estimated tax payments and avoid a surprise tax bill.