The IRS has had severe backlogs in mail and major issues within the Department in 2020

As we approach the fourth installment of Quarterly Estimates due January 15th, I wanted to encourage everyone to start paying your estimates electronically going forward. The IRS has had severe backlogs in mail and major issues within the Department in 2020. This has highlighted the inefficiencies of snail mail and out dated policies of the IRS.

When you pay your quarterly estimates or the amount you owe, please consider using the following links to make your payments. It is safe, secure and you receive a confirmation number with each payment for tracking.

I commonly hear clients say, “Oh no, I don’t want the IRS to have my bank info.” Newsflash! The IRS already has it. You are not keeping any secrets from the IRS by sending them a paper check.

To pay your federal pymts: https://www.irs.gov/payments/direct-pay

To pay your state pymts: https://www.in.gov/dor/online-services/dorpay-tax-and-bill-payment/

So, go ahead and throw those old paper checks in the shredder and embrace the “New Normal”. We will see you soon!

 

Blog by Kim Storen, EA – Tax Team Lead, Senior Tax Professional

Learn more about Kim and the rest of the Storen Financial team here.