- June 19, 2021
- Posted by: Stratford Team
- Category: Business
Filing Payroll Taxes Electronically Makes Good Business Sense | BCTV Skip to Content / Articles / Business & Economy /
Running a business with employees can be hard work. One way business owners can make things a little easier on themselves is by filing payroll and employment taxes electronically.
There are several benefits to filing these forms electronically:
• It saves time.
• It’s secure and accurate.
• The filer gets an email to confirm the IRS received the form within 24 hours.
There are two convenient ways businesses can e-file:
• Employers submitting the forms themselves will need to purchase IRS-approved software. There may be a fee to file electronically. Also, the software will require a signature by one of two ways:
o The software instructs the user to apply for an online signature PIN. Taxpayers should allow at least 45 days to receive their PIN.
o The user can scan and attach Form 8453-EMP, Employment Tax Declaration for an IRS…
