Code of Maine Rules
18 - DEPARTMENT OF ADMINISTRATIVE AND FINANCIAL SERVICES
125 - BUREAU OF REVENUE SERVICES
Chapter 102 - ELECTRONIC FUNDS TRANSFER (EFT)
Section 125-102-.11 - TAXPAYER AND SERVICE PROVIDER RESPONSIBILITIES
Current through 2024-38, September 18, 2024
A. Generally. Persons that remit electronically must maintain adequate documentation to substantiate the initiation of an EFT payment.
B. ACH credit method program. Taxpayers and service providers that remit using the ACH credit method must ensure that their financial institution is able to support that method of payment to the State of Maine. MRS is not responsible for instruction on the usage and reliability of the products and services of financial institutions or other companies, nor for fees charged by financial institutions, service providers, and others. Taxpayers and service providers remitting by ACH credit method are responsible for the proper use of all software and services used to remit payments via EFT. MRS will provide ACH file layouts upon request.
C. ACH debit method program. Taxpayers must follow all debit program instructions issued by MRS. Taxpayers must maintain a record of the confirmation number or sequence provided when an ACH debit method payment is initiated, the payment amount, the payment initiation date, the tax reporting period, and the taxpayer identification number related to the payment.
D. Recordkeeping requirements. The recordkeeping requirements for EFT remitters are governed by 36 M.R.S. §135, subsection 1.
