truckers, over this article we are going to discuss about the types of IRS tax
payment options available while e-filing your HVUT Form 2290. On a daily basis
we receive calls from our clients receiving a failure to pay penalty from the
IRS due to the misconception occurred while selecting the right IRS payment
e-filing the HVUT Form 2290, basically there 4 different payment options
involved as follows:
- Electronic Funds withdrawal
- Electronic Federal tax payment System
- Credit/Debit Card
- Check/Money Order.
the 4 options listed above, the only option that lets the IRS to automatically
process your payment from your bank account would be the Electronic Funds
withdrawal commonly abbreviated to be EFW.
payment options such as the EFTPS/ Credit/Debit options require your action to
log on to the respective website to initiate or schedule a payment to the
Department of treasury. Such as the tax
payer is required to log on to www.eftps.gov upon choosing EFTPS as the payment
option, whereas the tax payer needs to log on to https://www.irs.gov/payments/pay-taxes-by-credit-or-debit-card to be able to schedule payments to
the Internal Revenue Service
payers presume by mistake that all the above options such as Electronic Funds
withdrawal, Electronic Federal tax payment System, Credit/Debit Card are
automated process hence it results in non-tax payment of taxes and receiving
order to get a clear idea of the working terminology of the payment options,
you may feel free to reach us back for further assistance during your e-filing
process over the following mediums:
Phone: (347) 515-2290 [Monday
through Friday, 9 A.M to 5 P.M, Central Standard Time]
Live chat with our tax representatives.
Have a Good One! See you over the next article.