Subscriber Details
SIGN UP: 30 TRIAL OFFER
THEN: $7.95 PER MONTH
Calculate and automatically set-aside small, regular tax payments that get forwarded to the
IRS quarterly, and receive interest
on your set-asides.
A Subscribers pays no annual fee, for Tax-Aside, yet we set up and maintain an FDIC insured, interest-bearing escrow account in his/her own name. Monthly fees at $7.95 each, cover the costs to calculate, schedule, notify, recalculate (as things change), and set aside tax payments
on a weekly, bi-weekly, or monthly basis, depending on when and
how often a Subscriber gets paid.
After the trial period, all set-asides are kept in an interest-bearing sub-account in the Subscriber’s name, under th master account and direct supervision of an escrow agent, until the end of each quarter, when they are automatcally debited by the IRS.
As an added benefit, Tax-Aside Subscribers profit from accrued escrow account interest, which is refunded annually.
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Key Benefits:
- Email notifications that funds are going to be set aside, five days in advance.
- Two business days are allowed to change an up-coming payment.
- Confidential payments are set aside in a secure escrow account
in your name, at a major US bank.
- After-the-fact confirmation notices with account state-ments.
- Quarterly submissions to the
IRS are automatically made, with email confirmations of same, or...
- Funds in the escrow account are returned to a Subscriber upon request.
- Escrow fund interest is paid to the Subscriber annually. |
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Notices for Subscribers:
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The first email notice is sent five days before each periodic amount is to be withdrawn, to remind all Subscribers to have sufficient funds in the account available to make the next set-aside.
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The second notification occurs after the set-aside amount is withdrawn and credited to the estimated tax escrow account at a major US Bank.
- The third notice is sent confirming that the accrued quarterly estimated tax has been debited by the IRS EFTPS on time. This notice also informs the Subscriber of their interest earned on the escrowed set-asides during the previous quarter.
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