• Use of EFTPS does not give the IRS access to the business's bank account. In fact, the taxpayer controls the amount of money transferred and when those funds are transferred.

• EFTPS does not change the tax due date. Although the taxpayer must notify the bank or the Treasury's Financial Agent to make the transfer a day before the payment due date, the funds do not move until the due date.

• EFTPS is easy to use and does not require special electronic equipment. It can be as simple as making a phone call. There is no equipment required other than a telephone-a rotary dial telephone is fine. Also, for taxpayers that want to use a computer to transfer the funds, the financial agents will even supply the software.

• EFTPS reduces the complexity of making tax payments. A simple phone call transfers the funds. It takes far less time than writing out a check, filling out a coupon and walking or driving to the bank to make the deposit.

For information on EFTPS or to get an enrollment form, call EFTPS Customer Service at (800) 555-4477 or (800) 945-8400. Taxpayers can begin using EFTPS as soon as they receive their payment instruction packet and personal identification number.