Tax Seminar #3 – December 3 2012

Mr. William Skowron
December 12, 2008
Page 2
Electronic Payments
We recommend using the Electronic Federal Tax Payment System (“EFTPS”) to make all payments of the
installment agreement. To ensure that your electronic payment arrives promptly, we suggest that you
submit your payment at least 2 days prior to the due date. If you have not yet registered for EFTPS, your
first payments will have to be sent via mail (see below). You may register for EFTPS by going to their
website (www.eftps.gov).
Non-Electronic Payments (Applicable only if you do not use the EFTPS system described above)
To ensure that your payment arrives promptly, we suggest that you mail your payment 7 to 10 days prior
to the due date. Our recommendation is to send these payments via certified mail to prove that your
payment was mailed timely (the green card is not necessary).
All payments should contain the following information on your check:
Payable to:
Check Notations:
Where:
United States Treasury
On memo portion of the check include your social security number(s), and the
words: “Form 1040: 2002 through 2004"
Until you receive your first statement from the Internal Revenue Service, please
send payments to:
Additional Information
Internal Revenue Service
[enter IRS address from letter]
Atlanta, GA 399901-0025
You will be receiving monthly statements or coupons from the Internal Revenue
Service as a reminder of your payments. Each monthly statement will include the
address for sending in your payments.
Receiving monthly statements. Please do not rely upon receiving statements as a reminder as they are not
guaranteed to arrive every month. Failure to receive a monthly statements is not an acceptable reason for
missing a payment. Any missed payment will result in your defaulting the Installment Agreement and will
automatically put you back in collection status which could result in further levies on your accounts.
Processing fee. There is a $105 processing fee which they will take out of your first ${amount of
payment] installment payment.
Other conditions. Please see the accompanying letter from the IRS outlining the complete terms of your
installment agreement.
Should you have any questions, please do not hesitate to contact me.
Very truly yours,
E. Martin Davidoff
EMD/saf
Encl.
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