Can Taxes Be Paid With a Credit Card?
Author: rainyday
Posted: Mon Feb 13, 2006 5:14 pm
Post subject: Paying taxes with a credit card
Interesting article....
"And to use a credit card to pay taxes, you'll have to cough up a fee — usually 2.49% of federal or state taxes paid — to third-party companies that process the transaction. The two companies authorized to accept credit card payments for the IRS are Official Payments and Link2Gov."
http://www.usatoday.com/money/perfi/taxes/2006-02-12-tax-promotion-usat_x.htm_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
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Author: rapjunkie
Posted: Mon Feb 13, 2006 5:55 pm
Post subject:
Rather than giving those companies 2.49%, people can just use balance transfer checks from the credit card companies... that way you can likely get a low APR on that portion while you're at it. The only downside would be not getting the rewards you would otherwise get by charging it directly. Still, the rewards are typically 1%, so bypassing those to save 2.49% makes better sense anyway.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Mon Feb 13, 2006 5:14 pm
Post subject: Paying taxes with a credit card
Interesting article....
"And to use a credit card to pay taxes, you'll have to cough up a fee — usually 2.49% of federal or state taxes paid — to third-party companies that process the transaction. The two companies authorized to accept credit card payments for the IRS are Official Payments and Link2Gov."
http://www.usatoday.com/money/perfi/taxes/2006-02-12-tax-promotion-usat_x.htm_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: rapjunkie
Posted: Mon Feb 13, 2006 5:55 pm
Post subject:
Rather than giving those companies 2.49%, people can just use balance transfer checks from the credit card companies... that way you can likely get a low APR on that portion while you're at it. The only downside would be not getting the rewards you would otherwise get by charging it directly. Still, the rewards are typically 1%, so bypassing those to save 2.49% makes better sense anyway.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 7:24 PM
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