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  2. Electronic Federal Tax Payment System - Wikipedia

    en.wikipedia.org/wiki/Electronic_Federal_Tax...

    The Electronic Federal Tax Payment System (EFTPS) is an online federal tax payment system in the United States designed and maintained by the Internal Revenue Service (IRS) and Bureau of the Fiscal Service branches of the United States Department of the Treasury.

  3. What Is Tax Form 941, and Who Needs to File It? - AOL

    www.aol.com/finance/tax-form-941-needs-file...

    If you need to send a payment, mail a check made out to the U.S. Treasury along with the form or pay online via the Electronic Federal Tax Payment System. [ Read more: Home Office Tax Deductions ...

  4. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

  5. IRS e-file - Wikipedia

    en.wikipedia.org/wiki/IRS_e-file

    In 1987 Electronic Direct Deposit was added as a form of payment. Milestones have been set and broken throughout the years. In 1990 4.2 million returns were reached and in recent years a record of 1 billion 1040's have been E-filed.

  6. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    Employers are required to pay payroll taxes to the taxing jurisdiction under varying rules, in many cases within one banking day. Payment of Federal and many state payroll taxes is required to be made by electronic funds transfer if certain dollar thresholds are met, or by deposit with a bank for the benefit of the taxing jurisdiction. [53]

  7. Electronic Fund Transfer Act - Wikipedia

    en.wikipedia.org/wiki/Electronic_Fund_Transfer_Act

    The EFT Act recognizes the right of consumers to choose the financial institution to which their payments are directed [2] The EFT Act also prohibits a creditor or lender from requiring a consumer to repay a loan or other credit by electronic fund transfer, except when there is an overdraft on checking plans.

  8. EFTPOS - Wikipedia

    en.wikipedia.org/wiki/EFTPOS

    Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS (/ ˈ ɛ f (t) p ɒ s /), is the technical term referring to a type of payment transaction where electronic funds transfers (EFT) are processed at a point of sale (POS) system or payment terminal usually via payment methods such as payment cards (debit cards, credit cards or gift cards).

  9. ACH Network - Wikipedia

    en.wikipedia.org/wiki/ACH_Network

    Prearranged Payment and Deposits: Used to credit or debit a consumer account. Popularly used for payroll direct deposits and preauthorized bill payments. RCK Represented Check Entries: When a physical check was presented and then returned because of insufficient funds, it may be represented as an ACH entry. TEL Telephone-Initiated Entry

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