The document discusses the benefits and procedures of e-filing tax returns for individuals and businesses, emphasizing its speed, reliability, and confirmation from the IRS within 48 hours. It lists required forms for various entities like partnerships, corporations, and nonprofits, and explains methods for electronically filing employment taxes. Additionally, it highlights the advantages of using electronic funds withdrawal for business tax payments through the Electronic Federal Tax Payment System (EFTPS).

1. MAKE IT EZ
FILING YOUR
RETURNS
FORGO THE SCRAMBLE…E-FILING IS
QUICK AND EASY AND RELIABLE
BY: CARMEN I. VELAZQUEZ
ENROLLED AGENT 2013

2. IRS E-FILE FOR
BUSINESS AND
SELF-EMPLOYED
TAXPAYERS
IRS e-file is the most-used option
for filing individual and business tax
returns. Why?
• The IRS confirms receipt of your
return within just 48 hours.
• E-filers receive refunds in about
half the time as do paper filers-
even faster with direct deposit.
• IRS e-file also offers the
convenience of filing tax returns
early and delaying payments
owed until the due date.

3. WHAT FORMS ARE
REQUIRED FOR
EACH RETURN
FILED
EMPLOYMENT TAXES:
• FORM 940, 941 AND 944
PARTNERSHIPS:
• Forms 1065 and 1065-B
ESTATES AND TRUSTS:
• Form 1041
INFORMATION RETURNS:
• Forms 1042-s, 1098, 1099,
5498, 8027 AND W-2G

4. WHAT FORMS ARE
REQUIRED FOR
EACH RETURN
FILED
CORPORATIONS:
• Forms 1120 and 1120-S
EXCISE TAX:
• Form 720
HEAVY HIGHWAY USE VEHICLE TAX:
• Form 2290
CHARITIES AND NONPROFITS:
• Forms 990, 990-EZ, 990-N, 990-PF
and 1120-POL
EXTENSIONS:
• Forms 7004 and 8868

5. METHODS TO
ELECTRONICALLY
FILE YOUR
EMPLOYMENT
TAXES
• Using an authorized IRS e-file
provider
• Using a payroll service provider
(reporting agent) or
• Using a third-party transmitter
The benefits of paying business
taxes by electronic funds withdrawal
is a safe and convenient way to be
assured of on-time receipt and
acknowledgement.

6. EFTPS –
ELECTRONIC
FEDERAL TAX
PAYMENT SYSTEM
EFTPS allows taxpayers to schedule
their payment instructions up to 120
days in advance of a due date for
business taxes, and 365 days for
individual taxes.
It is safe and easy to use, plus you
receive an immediate
acknowledgement number as your
receipt for every transaction. You also
get a 16-month payment history
online.
To enroll or for additional information,
visit the EFTPS website at
www.eftps.gov or call 800-555-4477,
800-733-4829(TDD) or 800-244-
4829 (Spanish)

7. WHO TO CONTACT: CARMEN I. VELAZQUEZ,
ENROLLED AGENT, PROFESSIONAL SERVICES
WEBSITE: CIVELAZQUEZEA.COM
CELL PHONE: 321-527-4375
IRS WEBSITE: IRS.GOV