The Treasury Tax and Loan (TT&L) Service enables a financial institution to collect federal tax payments from its customers and retain these funds at a competitive rate of interest.
The Treasury Investment Program (TIP) receives tax collection information to support the investment process for both financial institutions and the Treasury. Financial Institutions use a Web product, TT&L Plus, to access the application.
The Electronic Federal Tax Payment System (EFTPS), moves Federal tax payments using electronic methods and is used by most businesses to remit tax payments. The Automated Clearing House (ACH) network is the primary payment mechanism for EFTPS.
To start using this service, visit the TT&L setup page or contact TT&L Treasury Support Center (TSC) at (888) 568-7343.
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