When it comes to paying federal business taxes online, there is a set procedure that you have to follow. The procedure is not very difficult if you know how to go about it. The IRS has introduced the convenience of filing federal taxes right from your home using Internet. Gone are the days when you have to buy stamps, attach a check, fill out payment booklets manually, and then mail everything. Now, the process has become very simple, as all it requires you to do is to sign up on a website and file your tax returns just by a few clicks of mouse. Following is a brief rundown on how it works.