Should You Pay Taxes By Credit Card?
Saturday February 23, 2008
It's tax season. Some people will get refunds and others will end up paying. No one wants to send money to the IRS, but it's the law - if you owe, you have to pay. If you don't have the cash to pay your tax bill, you might think about paying by credit card. It's a viable option and one you might end up taking. But, before you put the bill on your credit card make sure you know the alternatives and understand the risks.
Read: Pros and Cons of Paying Taxes By Credit Card
If you're due a refund, spend it wisely. Smart Ways to Spend a Tax Rebate has tips. Don't let the title fool you; the same principles apply to spending your tax rebate as apply to spending a tax refund.
Read: Pros and Cons of Paying Taxes By Credit Card
If you're due a refund, spend it wisely. Smart Ways to Spend a Tax Rebate has tips. Don't let the title fool you; the same principles apply to spending your tax rebate as apply to spending a tax refund.
Comments
Can you pay installments on your credit card?
That is a bit over the real merchant charge for processing. Considering the large number who will do this the actual cost might be half as much. Obviously it would pay the card company to zero the charge and bet that most would carry the balance many months at twenty or so percent. But then I’m solvent and have zero need for this.
My credit card has saved me more than once. Paying my taxes with it being one of them.