EFTPS upgrade.

• Author: Laffie, Lesli S.
• Position: From the IRS

IR 2003-90 announced that the web version of the Electronic Federal Tax Payment System (EFTPS), EFTPS-OnLine, has undergone major improvements. The changes will provide users with new features, ranging from more convenient payment scheduling to expanded ability to track payment history.

A free system, EFTPS-OnLine was introduced almost two years ago. Taxpayers can make Federal tax payments electronically using EFTPS-OnLine, EFTPS-Phone or EFTPS Batch Provider software (for professionals). The many upgrades allow taxpayers to:

* Schedule all four estimated tax payments in one session without logging out.

* Schedule payments in advance, up to 120 days (for businesses) or 365 days (for individuals).

* Access 16 months of payment history, online or by calling customer service.

* Search, print or download payment history by date, tax type, amount, tax form and other factors.

* Change bank accounts by phone without completing a new enrollment.

* Select a personal identification number online when changing a bank account number, and begin making...