Electronic Federal Tax Payment System (EFTPS) is the service offered by the U.S. Department of Treasury. This service is free and is used by the IRS for employer tax payments. A 4-digit EFTPS PIN and password are provided to you when you enroll for it. These details are further required when you make an e-payment of 940 and 941/944 tax forms. EFTPS provides convenience and hence flexibility to make the tax payments with the use of the QuickBooks application. QuickBooks enables you to pay your business’s taxes via the Electronic Federal Tax Payment System. This blog will discuss how to Change EFTPS Password for both QuickBooks Online and Desktop versions.
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