{"id":4627,"date":"2010-12-10T11:47:45","date_gmt":"2010-12-10T16:47:45","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=4627"},"modified":"2010-12-10T11:47:45","modified_gmt":"2010-12-10T16:47:45","slug":"question-of-the-week-why-did-i-receive-a-notice-about-federal-tax-deposit-coupons","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/12\/question-of-the-week-why-did-i-receive-a-notice-about-federal-tax-deposit-coupons\/","title":{"rendered":"Question of the Week: Why Did I Receive a Notice About Federal Tax Deposit Coupons?"},"content":{"rendered":"
\r\n\t\"Why<\/a>\r\n\t
Why Did I Receive a Notice About Federal Tax Deposit Coupons?<\/div>\r\n<\/div>This week\u2019s question comes from Carl, a corporate controller. I received a notice from the Internal Revenue Service (IRS)<\/a> about Federal Tax Deposit coupons titled, You can no longer make required deposits using Form 8109\/8109-B<\/em>. Why did I receive a notice about Federal Tax Deposit coupons? Answer: As previously announced<\/a>, the IRS<\/a> will discontinue accepting paper coupons for Federal Tax Deposits after December 31, 2010.<\/p>\n

Updated Guidance Issued by the IRS<\/strong><\/p>\n

Updated guidance was announced in TD 9507 (REG153340-09)<\/a>, published in the Federal Register on December 7, 2010. The Explanation of Provision and Summary of Comments was broken into several sub-topics.<\/p>\n

    \n
  1. Burden on Small Businesses<\/li>\n
  2. Alternative Payment Methods<\/li>\n
  3. Raising the De Minimis Amounts<\/li>\n
  4. Security and Distrust of Electronic Payment Systems<\/li>\n
  5. EFTPS Registration<\/li>\n
  6. Foreign Taxpayers<\/li>\n
  7. One-Day Rule<\/li>\n
  8. Delay the January 1, 2011 Effective Date<\/li>\n
  9. Business Days and Legal Holidays<\/li>\n
  10. Other Differences From the Proposed Regulations<\/li>\n<\/ol>\n

    Taxpayers Must Make Most Payments Electronically<\/strong><\/p>\n

    Most taxpayers must make all payments electronically. Small employers (those whose tax liability on the return is less than $2,500) have three options to make payments:<\/p>\n