Do I register with the EFTPS if I am going to use payroll software?

Asked 2 years ago

I want to start hiring some employees, but that means I need to prepare to process payroll for my future employees. I’m stuck between doing payroll myself and getting payroll software, and all the regulations I have to adhere to are a bit confusing. Do I have to register with the Electronic Federal Tax Payment System (EFTPS) if I outsource or automate my payroll management?

Payroll process Administering payroll Eftps registration Automated payroll systems

Loyd George

Friday, August 12, 2022

If you're using payroll software, the software provider will register your company in EFTPS using their PIN so that they can file taxes on your behalf. You are ultimately responsible for making sure your taxes are filed on time, though. So, it might be a good idea to register with EFTPS to monitor payments made by your provider. 