You now have the option to shift liability to your client if your client's account has insufficient funds for direct deposits and electronic tax payments. Once you accept an Electronic Payment Liability agreement and get your client's signed approval, you'll be prepared if your client has insufficient funds to cover their payments.
- From the Accountant Preferences page, go to the section titled Electronic Payment Liability.
- Carefully review the agreement.
- Have your client review and sign the Authorization for Payroll Related Electronic Payments form, and be sure to keep copies for your records.
- Select the checkbox and click OK to notify us of your change.
Important: In the case of insufficient funds, we'll require you to provide the signed form to Intuit as verification that we should pursue your client to retrieve funds and related fees.
If you have any questions, just give us a call. We're here to help!
