Simplify Paying the IRS

Owing the IRS money may not be the ideal situation that you want to be in on April 15, but for many it is inevitable. Issuing and mailing another check for your 1040 or for 1040 quarterly estimates payments can be cumbersome once you figure all the time you put into running to the post office, calling your CPA, and locating the address to mail your check. Save yourself some time and stress by paying your tax bill by phone or online.

To pay by phone you will need a credit or debit card. Call 1-800-2PAYTAX or 1-888-PAY-1040.

To pay online you have options. To use a credit or debit card only, you can go to www.official payments.com or www.pay1040.com. To pay by electronic funds transfer you can pay via EFTPS at www.eftps.gov or by calling 1-800-555-4477.

Using any of the online options is advantageous because you can schedule reminders to pay or you can schedule your payments in advance. You can also receive payment confirmation for your records. If you owe $25,000 or less in combined taxes, penalties and interest, you can request an installment agreement online at www.irs.gov.

For assistance on paying your tax bill by phone or online or setting up an installment agreement, please feel free to contact Valley Oak Financial.