Texas Comptroller Publishes TEXNET System Payment Instructions Booklet for Franchise, Sales, Excise Taxpayers

The Texas Comptroller of Public Accounts Jan. 1 published a revised payment instructions booklet providing an overview of the TEXNET system and explaining how to transmit payments and payment information, for corporate income, sales and use, and excise tax purposes. The publication includes: 1) general information about who must pay taxes electronically, how to file returns electronically, and how to pay electronically; 2) TEXNET enrollment information; 3) information about electronic reporting; 4) a schedule of electronic funds transfer due dates; and 5) information on Automated Clearing House (ACH) debit options and deadlines, ACH debit payments via TEXNET, TEXNET internet and ...