I would set up a separate account just for that EFT and only fund it as necessary.

Nope. We were required to do this while we had nexus in TN. You could set up a separate account, but you'd better be damn sure it had money in it as the withdrawals were capricious at best. They also estimate what they think your excise should be and the force you to back it all out.

Wait, why can't you just mail a check?

The Federal Government has been requiring electronic payments for 941 taxes for a couple of years. I guess it is easier to trust them than the State of Tennessee.

There's a huge difference between paying electronically vs having them deduct whatever they want whenever they want, which I find extremely hard to believe.

They will sometimes send you random bills with madeup numbers, but that's just when you don't file on time (and they still expect you to file and pay the correct amount).

The Tennessee Department of Revenue has, apparently, eliminated paper filing and payment by check of your professional privilege tax. I received notification of electronic filing only last month. You have two choices: Payment by debit to your bank account or payment by credit card.

I dutifully went to the website to pay the tax as it is due, as I understand it, on January 1 and delinquent on June 1. Oh, well. Why not pay it and get if over with.

I went to the site and found this form. As you will note, there is no way to pay the tax for the year 2013. You can only pay for the years 2012 or earlier. You cannot pay the tax that is due, right now, for the year 2013. It can't be done.

This was reported to the Tennessee Department of Revenue who politely informed me that they had "other priorities" than up-dating their website so that timely payments could be made. They have no intention of updating their website until April, 2013.

I don't know much about websites and computers and such, but I'll bet that it wouldn't take 15 minutes to update that site. I suspect that the Department of Revenue is losing subtantial amounts in interest alone on the revenue that they decline to receive when it becomes due. What a world.

I don't know anything about their CMS, but if their IT people can't update their website in just a few minutes then they have got some serious problems. That's crazy. Crazy. They have so much other stuff on the web that makes no sense.

Pam

The State of Tennessee websites have gone into disrepair under the latest administration. They used to be frequently updated, more open, better managed, etc. That has all changed, especially the "more open" part in terms of news releases, data, etc., over the past couple of years.

Prior to the Haslam administration, the home page for the State Report Card carried links to archival report cards going all the way back to 2002, the year NCLB was enacted.

Now the page has only the last five years' report cards, going back to 2007.

(I discovered this trying to determine how the state's Free and Reduced Lunch population had changed over the ten year period. Who knows.)

Yeah, I was looking at the report cards last week and there were a couple of things that seemed hinky. I didn't write them down, so don't ask me to tell you what they were. My memory sometimes leaves something to be desired. It wasn't vital to what I was doing at the moment.

Actually, you can pay the TN Franchise/Excise Tax by credit card for a 2.49% fee. Theoretically, the process is handled by the IRS. Although, in stepping through the Online Demo, it is a State of TN app.

The Department of Revenue is now accepting franchise & excise tax returns, extensions and quarterly estimated payments for tax year 2011 through the IRS Modernized e-File (MeF) Program. This partnership between states and the Internal Revenue Service allows tax preparers to include the state tax return and any associated payment with its electronically filed federal return.

I like this State of TN webpage for the Corporate Annual Report Due Date Calendar. They are still listing due dates for 2008/2009. Is not updating their website. A method for the new administration to save money?