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Thursday, April 10, 2008

About Credit / Debt Management: Paying Taxes By Credit

About.com   Credit / Debt Management
In the Spotlight | More Topics |
  from LaToya Irby
The income tax deadline is just around the corner. If you're one of many who owes, you might be considering using your credit card to cover the bill. Should you?

 
In the Spotlight
Should You Pay Taxes By Credit?
Using your credit card to pay your taxes, certainly has its advantages. Most importantly, your income taxes get paid. There are drawbacks, though, like credit card fees and interest rates. Considering all things, is using credit the best decision?

 
         More Topics
Can You Afford To Use Credit?
It's a question you should ask before making any credit card charges and one you should definitely ask before putting your tax bill on your credit card. Charging your taxes when you can't afford it puts you at risk for a lower credit score and increased debt.

 
Dos and Don'ts of Using Credit
Don't take the decision to charge your income taxes lightly. All the same credit card rules apply as if you were thinking about buying a new television.

 
 
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Get all the advice you need for tax preparation, from gathering documents to budget planning and tips for saving more.

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