Electronic Tax Compliance (ETC)

Get rid of the non-payroll tax confusion and worry. Use Electronic Tax Compliance (ETC)

The Electronic Tax Compliance service is offered to any full tax filing client in good standing, covering the non-payroll tax deposits that have been mandated as part of the Electronic Federal Tax Payment System (EFTPS). These include corporate (1120), fuel, excise and various 990 series payments.

Let The Payroll Source handle the workload. To avoid late payments and penalties, simply specify the taxes and the date(s) your tax payments are due. Payroll Source will activate the ETC service into a streamlined, accurate project that keeps you informed and safe.

If you have a compatible fax machine and a credit verification, you’re eliible for ETC,

The ETC process has been created to assist and protect you.

Payroll Source will initiate a test of your fax machine during the enrollment period, and then around the middle of every month you will be faxed a notice of liability. This fax contains a payment notification for the following month and a payment confirmation for the previous month. The fax gives you the opportunity to review the information for accuracy and make changes if necessary. If Payroll Source does not hear back, the noted deposits are made.

Three days prior to the deposit date, Payroll Source’s tax paying system will initiate an ACH debit to the client account in the amount of the tax due. A fax version of the client statement is also sent out simultaneously for confirmation, giving you one final opportunity to call and cancel the payment. However, in order to make the cutoff, Payroll Source must initiate the payment the day before it is due.

For more information about our products and services, contact an Payroll Source representative at an office location nearest you. Or, use our online form and we will contact you.

Important ETC facts:
• To employ the ETC, clients must have a compatible fax machine
• ETC is offered to Full Filing clients in good standing
• The ETC system does not support Railroad Tax from 8109 coupons
• Payroll Source does not provide divisional or departmental information