What is the main purpose of EFTPS program?”
The Electronic Federal Tax Payment System (EFTPS) is one of the most successful Federal government programs undertaken in recent years. Here’s how it works with EFTPS: STEP 1: By 8:00 p.m. ET at least one calendar day prior to your tax due date, you log in, enter your tax payment information, review the information, and click “Make a Payment” to initiate the payment. You will receive an immediate confirmation of your instructions that you can print out as a receipt of your payment instructions. STEP 2: Per your instructions, EFTPS will automatically debit your indicated bank or credit union account and will transfer the funds to the U.S. Treasury on the date you indicate, and your tax records will be updated at the IRS. STEP 3: That’s it. 24 hours a day, 7 days a week you can access this site and initiate all your federal tax payments from the convenience of your home or office.
