A Simpler Way to Make Estimated Tax Payments 

If you make estimated tax payments, there’s an important update to be aware of. The IRS now requires that estimated tax payments be submitted electronically, rather than by paper check. While this change helps improve speed and security, it can also mean one more thing to manage on your to-do list. 

That’s where Trust Company of Vermont can help. As part of our ongoing administrative and fiduciary services, we’re able to process electronic estimated tax payments for you—making sure they’re handled accurately and on time. We’ll work in coordination with your tax advisor and take care of the details, so you don’t have to navigate new payment systems or worry about deadlines. Alternatively, if you would like to manage the payments, the best way to process them is directly with the IRS at irs.gov/payments/pay-personal-taxes-from-your-bank-account 

If you have questions or would like to take advantage of this service, please reach out to your administrator—we’re happy to help. 

Did you know?

• The IRS no longer accepts paper checks for many estimated tax payments. 
• Electronic payments are now required 
• Trust Company of Vermont can process them for you 
• Payments are tracked on your year-end tax reporting 
• One less task for you to handle.