Paying taxes to the IRS through the EFTPS can streamline the process and ensure timely payments. TaxBandits provides a user-friendly platform that allows you to register for EFTPS and manage your tax payments easily. To register your business and make tax payments through EFTPS with TaxBandits, follow the below steps.
-
Step 1: Sign up for your TaxBandits account
Create a TaxBandits account if you don't have one already.
-
Step 2:
Select/ add taxpayer information
Once logged in, you must enter taxpayer information, including name, business name, EIN, and address information.
-
Step 3:
Choose the required IRS tax form
Choose all the required IRS forms you need to make EFTPS payments.
-
Step 4:
Authorize TaxBandits as a reporting agent (RA)
Complete and e-sign Form 8655 to authorize TaxBandits as your reporting agent (RA) for making EFTPS payments on your behalf.
-
Step 5:
Add bank information
Add and verify the bank account information you want to use for EFTPS payments, and this information will be submitted to the IRS to debit the federal tax payments.
-
Step 6:
Review the summary and submit it for registration
On the summary page, review the details and make changes if required. Then, submit for EFTPS registration.
Note: The IRS typically takes 24 to 48 hours to process your EFTPS registration
-
Step 7:
Schedule payments
Once the registration is complete, you can schedule your federal tax payments.