Federal Payroll Tax Payments to be Check-Free in 2011

Did you know the IRS is eliminating paper-based federal payroll tax coupons on January 1?  The IRS notified small business employers over the summer and the implementation date is fast approaching.

Instead, starting January 1, businesses will be required to make federal tax payments using the Federal Tax Payment System (EFTPS). Employers with quarterly tax liabilities under $2,500 are off the hook and can continue to pay via check with their quarterly return.

More details are available from the IRS.

Note for Intuit Customers: Intuit Payroll helps you click to pay your taxes electronically at no additional charge.  For a limited time, Intuit is offering new payroll subscribers 30 days of free service to help efficiently get started with payroll and electronic payroll tax payments in 2011.

About Laura Messerschmitt

Laura Messerschmitt is a Senior Marketing Manager at Intuit. Her favorite part of the job is visiting small businesses to learn about what’s helping them succeed. Laura has traveled to over 75 countries. She loves spending time with her family, reading, and racing dragon boats.
This entry was posted in Intuit Products, Money and tagged , , . Bookmark the permalink.
3 comments
Barbara
Barbara

Please inform your on-line payroll support people that federal payroll liabilities under $2500 can be sent in with a check. I spoke to them this morning regarding a clients payroll and they said all tax deposits must be paid through EFTPS.gov. I decided to check further since I had heard that one could send in by check if under $2500.thanks you

Harry & Elaine Wayne
Harry & Elaine Wayne

We are two seniors , 85 and 90 years of age, who have started a company during our retirement. We have just signed up to use Quick Books for our expanding business.

Jay Badenhope
Jay Badenhope

Harry and Elaine, That's great to hear. Good for you! Best wishes for your business! Jay B. (Intuit)