Electronic Funds Transfer Automated Clearing House Debit Program Guide Sheet - 2009 - New Hampshire Department Of Revenue Administration Page 2

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NEW HAMPSHIRE DEPARTMENT OF REVENUE ADMINISTRATION
ELECTRONIC FUNDS TRANSFER AUTOMATED CLEARING HOUSE DEBIT PROGRAM GUIDE
GLOSSARY OF TERMS
"Automated Clearing House" means any entity that operates as a clearing house for electronic debit or credit
ACH
entries pursuant to an agreement with an association that is a member of the National Automated Clearing
House Association, the organization that establishes the standards, rules and procedures that enable depository
fi nancial institutions to exchange ACH payments on a national basis.
The "ACH Debit" transaction is one means by which the taxpayer, through the State of NH fi nancial agent,
ACH
initiates an entry by electronic means crediting the State's designated bank account and debiting it's own ac-
DEBIT
count for the amount of the designated payment.
DRA
The New Hampshire Department of Revenue Administration.
"Electronic Funds Transfer" is a term that identifi es any system used to transfer payments or funds electronically.
EFT
EFT refers to any transfer of funds, other than a transaction originated by check, draft or similar paper instrument,
that is initiated through an electronic terminal, telecommunications instrument, computer or magnetic tape, to
order, instruct or authorize a fi nancial institution to debit or credit an account.
"Federal Reserve Bank" is the central banking system of the United States, consisting of 12 regional reserve
FRB
banks and member depository institutions that are subject to Federal Reserve Bank requirements.
SETTLE-
The date an exchange of funds, with respect to an entry, is refl ected on the books of the Federal Reserve
MENT
Bank.
DATE
PAY-
ACH DEBIT does not change any existing requirements of New Hampshire state tax law. To be considered
timely, your tax payment must be deposited into the State's bank account by the payment due dates for
MENT
estimates, extensions, tax notices and returns as required by RSA 77-A:7, RSA 77-A:9, RSA 77-E:6,
DUE
RSA 77-E:8, RSA 77:18, RSA 77:18B, RSA 78-A:8, and RSA 78-A:9.
DATES
DEPARTMENT SCHEDULE
If a payment due date falls on a legal holiday or weekend, the tax payment must be received on the fi rst business day after
the holiday or weekend. Timely payments are based on the settlement date, the date on which the payment has been cred-
ited. All dates and times are Eastern Time. If you are not in the Eastern Time Zone
you will need to make sure your payment
is made to meet Eastern Time Zone deadlines.
For the exact dates of DRA holidays for the current year, please access the
Department's e-fi le system at , or contact Central Taxpayer Services at (603) 271-2191.
REVENUE ADMINISTRATION HOLIDAY SCHEDULE
NEW YEAR'S DAY
LABOR DAY
MARTIN LUTHER KING DAY
VETERAN'S DAY
WASHINGTON'S BIRTHDAY
THANKSGIVING DAY
MEMORIAL DAY
DAY AFTER THANKSGIVING DAY
INDEPENDENCE DAY
CHRISTMAS DAY
Most Financial Institutions are closed on Columbus Day.
For the exact date of DRA holidays for the current year, please contact Central Taxpayer Services at (603) 271-2191.
PROGRAM PARTICIPATION
New Hampshire requires all taxpayers subject to Business Profi ts Tax, RSA 77-A , Business Enterprise Tax,
MANDA-
RSA 77-E, and/or Interest & Dividends Tax, RSA 77, having a total liability of $100,000 or greater for the
TORY
most recently fi led tax year to submit their tax payments by electronic funds transfer (EFT). This authority is
PARTICI-
provided under RSA 21-J:3, XXI. They may use either our ACH Debit program through our e-fi le application,
PATION
or our ACH Credit program. To obtain an ACH Credit program guide, please request the registration Form
DP-175 from our forms line at (603) 271-2192. To make payments using the ACH Debit method access the
e-fi le system at .
Meals and Rentals operators may fi le paper returns rather than fi le by Electronic Funds Transfer (EFT) ACH
Debit; however, this election will result in the loss of the 3% commission, if taxable revenue were equal to or
greater than $25,000 in the prior calendar year. This authority is provided under RSA 78-A:7,III. Operators may
fi le via the Department's e-fi le (internet) system at , or the Telefi le system (telephone)
by dialing 1-800-328-4557.
Nursing Facility Quality Assessment - All Nursing Facilities licensed by the New Hampshire Department of
Health & Human Services as defi ned by RSA 151-E:2,V, must submit payment by Electronic Funds Transfer
(EFT) ACH Debit. Please contact Central Taxpayer Services at (603)271-2191 for information on how to fi le
and make payments.
If you do not meet the threshold established for statutory participation in the program and you have previ-
VOLUN-
ously fi led, you may e-fi le on a voluntary basis. The Department's e-fi le system can
TARY
be used by previous fi lers of Business taxes, Interest & Dividends and Meals & Rentals licensed Operators.
PARTICI-
The Department's Telefi le system is available for Meals & Rentals licensed Operators. Preparers and Agents
PATION
may e-fi le payments for clients via the Dynamic Web Import (DWI) function.
Please contact Central Taxpayer
Services at (603) 271-2191 for assistance.
ACH DEBIT BOOKLET
1
Rev 9/2009

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