This video shows a quick and easy way to pay your federal income taxes on irs.gov Italian Afternoon by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://www.twinmusicom.org/
This demonstration walks you through the steps to make and submit a federal tax deposit payment using the eftps.gov website.
http://www.expresstrucktax.com/ Download iOS App: https://itunes.apple.com/us/app/expresstrucktax/id887801243?ls=1&mt=8 Download Android App: https://play.google.com/store/apps/details?id=com.spanenterprises.ExpressTruckTax If you owe taxes, there are several payment methods currently accepted by the IRS. These include: Electronic Funds Withdrawal, EFTPS, or Check or Money Order The quickest way to pay is through Electronic Funds Withdrawal, you can enter an Account Number & Routing Number. If you cannot remember your account or routing number, This information is typically listed on a check. EFTPS, or Electronic Federal Tax Payment System, is a government website that allows taxpayers to schedule Federal Tax Payments electronically. In order to make payments using EFTPS.gov you must complete the EFTPS registration process, which can take 5-7 business days. Lastly, you may pay by mailing a check or money order to the IRS. If mailing your payment, you must include the 2290V, or payment voucher, with your payment. You may download a completed 2290V, including mailing instructions, directly from your ExpressTruckTax account.
This video is response to a youtuber's question on this video: https://www.youtube.com/watch?v=7UVRNWysSYo Get the Business Spreadsheet Template to calculate your estimated quarterly taxes (and actually understand the process) here: http://www.amandarussell.mba/getthebusinessspreadsheet
EFTPS Payment | Setting Up the Electronic Federal Tax Payment System We always recommend that our clients set up an online EFTPS account. This is the US federal tax payment system which allows taxpayers to see details about electronic payments made on their tax accounts for individual and business income tax, payroll taxes, etc. This video shows how to set up your account. New to Catching Clouds Academy? Well, let me tell you a little bit about us. We’re here to make ecommerce businesses better. Catching Clouds, co-founded by a Patti Scharf (CPA) and Scott Scharf (ecommerce tech geek), has been focused on ecommerce accounting since 2012. Now we've brought our knowledge and experience to YouTube to help share important ecommerce, accounting, and business information with everyone who's looking for it. Think that might be you? Then please subscribe! 💙★💻 VIDEO LINKS 💻★💙 https://www.eftps.gov/eftps/ Embezzlement Story - https://www.youtube.com/watch?v=oGclrDLjrZY&t=2s 💙★💻 SUBSCRIBE TO US ON YOUTUBE 💻★💙 https://www.youtube.com/c/CatchingCloudsAcademy 💙★💻 OUR ONLINE COURSES 💻★💙 Accounting for Amazon ► https://academy.catchingclouds.net/p/accounting-for-amazon Accounting for Shopify ► https://academy.catchingclouds.net/p/accounting-for-shopify 💙★💻 LET’S CONNECT 💻★💙 Free groups here (for interactive discussion) Facebook Community for Sellers ► https://academy.catchingclouds.net/p/facebook-group-for-ecommerce-sellers Facebook Community for Accountants ► https://academy.catchingclouds.net/p/facebook-community-for-accountants You can also check out our website for updates, videos, and special announcements. ► http://www.catchingclouds.net 💙★💻 MORE RESOURCES 💻★💙 http://www.catchingclouds.net/training http://www.catchingclouds.net/speaking 💙★💻 FOLLOW US! 💻★💙 Facebook: @CatchingCloudsLLC Twitter: @CatchingClouds, @CCAcademy8, @PScharfCPA Instagram: @CatchingCloudsAcademy Pinterest: @CatchingCloudsAcademy LinkedIn: https://www.linkedin.com/company/catching-clouds/ If you want to learn more about using the EFTPS federal tax payment system, check out these videos: https://www.youtube.com/watch?v=mk5veMU-SO4 and https://www.youtube.com/watch?v=ca9FqvpisUo https://www.youtube.com/watch?v=qWJ21A2Nn6s https://www.youtube.com/watch?v=qWJ21A2Nn6s&feature=youtu.be
IRS Form 941 - Employers Quarterly Federal Tax Return This payroll tax form is due at the end of each quarter. Every employer must submit this form to detail the payroll tax liabilities for the quarter. This is the form that the IRS uses to reconcile your payroll taxes so please make sure that it is correct. Step by step examples are given in the video.
Official Payments is the fast, easy and secure way to pay your federal and state taxes. Pay personal and business estimated taxes, installment agreements, balance due payments and all other types. Pay online using a credit card, debit card or bank account. Make A Payment and Make It Official. www.Officialpayments.com. Official Payments is a wholly owned subsidiary of ACI Worldwide, Inc. http://www.aciworldwide.com http://youtu.be/vPqXckkvh0s Do you have taxes to pay? OfficialPayments.com is the proven way to pay your federal and state taxes, all in one place. Trusted by millions of customers for over 15 years, OfficialPayments.com is fast, easy, and secure. It takes just a few minutes, and payments are processed in real time. Use your credit or debit card, and you can pay from any device. By paying with a card, you may earn eligible rewards and gain a little extra time to pay. OfficialPayments.com partners with the IRS and thousands of state and local governments to process tax payments. Free bill management tools make it simple to keep track of your past payments, schedule future payments, and store your information for faster payments. Experience the ease, convenience and security of paying and managing your taxes online. Visit OfficialPayments.com today. There's nothing better than knowing your taxes are Officially Paid
IRS released a video on the available tax payment options right from EFTPS, EFW and other methods.
Watch more How to Do Your Taxes videos: http://www.howcast.com/videos/422992-How-to-Pay-Taxes-on-Your-Small-Business Step 1: Make estimated tax payments Make quarterly estimated tax payments to the IRS if your total tax bill in a given year will exceed $500. Estimated tax payments are due 4 times a year on April 15, June 15, September 15, and January 15. Tip Pay self-employment tax if your annual net earnings will be $400 or more. Step 2: File a tax return File an annual income tax return. The form you use will depend on how your business is organized -- whether it is a sole proprietorship, partnership, corporation, or limited liability corporation. Tip Keep tax-related documents for a minimum of 7 years. Step 3: Pay excise tax Pay excise tax if your business engages in qualified activities. For example, excise taxes are levied on certain trucks and buses used on public highways. Step 4: Withhold employment taxes Withhold employment taxes from the salaries of your employees. Employment taxes include withholding, employer matching, and unemployment taxes. Depending on the size of your payroll, employment taxes are due weekly, monthly, or quarterly. Step 5: Pay sales tax Register with your state's tax department and pay sales tax if your business makes a taxable product. Sales taxes are due quarterly or monthly, depending on the rules in your state. Most services are exempt from paying sales taxes. Step 6: Pay additional state and local taxes Pay additional state and local taxes that are applicable to your business. Consult your local government offices or a tax attorney to determine whether you are responsible for additional taxes. Did You Know? In 2008, tax revenues in the United States represented 26.9 percent of the total gross domestic product.
Want to learn E-Pay instead: https://canduskampfer.com/epay-to-pay-payroll-taxes-in-quickbooks/ Join my Quarterly and Year End Forms Course and learn how to process: 941, 940, DE9, DE9C, W2's, W3, 1099-misc & 1096. Click here to join and for more details: QBO: https://canduskampfer.com/YearEndFormsQBO Desktop: https://canduskampfer.com/YearEndTaxForms Don't miss a tip, Join my Tips & Tricks: https://CandusKampfer.com/tips Candus' Free Mini Course: https://canduskampfer.com/minicourse/ Find out how to Join my QuickBooks Simplified Community: http://quickbookssimplified.com Are you new to QuickBooks or are you struggling to figure out the software? Would you love a course that is step by step vs searching for each answer and trying to figure it all out on your own? I would like to share with you my course called Confidence with QuickBooks. Everyone who has taken the course loves it. For more details visit: http://ConfidenceWithQuickBooks.com If you need help with QuickBooks, set up an appointment here: https://canduskampfer.com/private-sessions-with-candus/ Click here to be notified of upcoming Webinars & Workshops: https://canduskampfer.com/webinar-wai... Learn how to process: 941, 940, DE9, DE9C, W2's, W3, 1099-misc & 1096. Click here to join and for more details: https://canduskampfer.com/quarterly-and-year-end-forms-cou Have a great day! Candus :)