Electronic Tax Payments

Making electronic tax payments through Business Online Banking offers a secure and convenient way to make your tax payments while avoiding the hassle of paper checks. Plus, you will receive instant notification when your payment is received and avoid the risk of checks being lost in the mail. Let our treasury advisors help you learn more about making electronic tax payments and the numerous benefits they provide.

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Benefits of Electronic Tax Payments

Electronic tax payments allow you to safely and efficiently pay your taxes without the hassle of traditional paper-based processes. With the convenience, security, and instant confirmation offered by this method, you can streamline your tax payment process and focus on what matters most to you.

  • Desktop icon displaying the convenience of electronic tax payments from your home or office

    Convenience

    Conveniently pay your taxes from the comfort of your own home or office.
  • Check mark icon to symbolize instant confirmation when using electronic tax payments

    Instant Confirmation

    As soon as you complete the transaction, you will receive an instant confirmation of payment.
  • A shield with a check mark icon to demonstrate the advantage of added security with electronic tax payments

    Security

    Electronic tax payments use encryption technology to safeguard your personal and financial information.


How Tax Payments Work

desktop icon with dollar sign in middle demonstrating the ease of enrolling your business online
Step 1: 
Enroll your business at the U.S. Department of Treasury's website.
financial building with a dollar sign at the top to illustrate State Tax Revenue
Step 2: 
If paying taxes, register your company with your state's tax revenue website. (if applicable)
Desktop icon illustrating the convenience of logging into business online banking
Step 3:
Navigate to Business Online Banking and locate the tax module to complete the information about your business, the type and amount of taxes to be paid, as well as the routing/account numbers of the governmental tax body.
Check mark icon to symbolize final step of electronic tax payments process
Done!
Tax payments will be dispersed via ACH out of the TowneBank business account(s) that you specify.

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The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance.

All terms applicable to Online Banking apply to Mobile Banking.

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