Electronic Federal Tax Payment System. The electronic federal tax payment system® tax payment service is provided free by the u.s. The primary function is the convenience of allowing secure payments around personal schedules and avoiding the need to.

For example, quarterly estimated tax payments or installment agreement payments.

It's an easy way for employers to pay federal taxes online or by phone. The electronic federal tax payment system (eftps) is a free service fromthe u.s. Few years ago the irs scheduled all businesses to make tax payments electronically. That means you either have an existing eftps account or you will need to set one up. Eftps lets you electronically submit payment for 940, 941/944 forms. Electronic federal tax payment system (eftps). A service offered by the u.s. Answers to questions about the electronic federal tax payment system (eftps), including how to enroll and business taxes you can pay by eftps. The primary function is the convenience of allowing secure payments around personal schedules and avoiding the need to. The electronic federal tax payment system is a free service provided by the u.s. Eftps can be used by providers of payroll services and other authorized third parties to make payments on behalf of these businesses.