Brian’s Tax Musings – Pay Taxes With Credit Card; Maybe

Can it be to your advantage to pay your taxes with a credit card?  Sometimes yea, sometimes no.

This article in Smart Money by Jonnelle Marte seems to suggest that it is a good idea:

http://blogs.smartmoney.com/tax/2012/04/05/paying-taxes-by-credit-card-read-this-first/

But since the IRS charges a fee for using a credit card which the above article doesn’t talk about, I think thiis articel by LaToya Irbe in About.com gives a better overall pro/con on using your credit card:

http://credit.about.com/od/toughcreditissues/qt/taxescreditcard.htm

Use it or not, but you start getting penalties and interest of about 1% a month after April 17.

Remember, You can count on us to count for you!  

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