Paying Your Tax Bill by Credit Card Can Be Rewarding
‘Don’t have enough cash to pay your tax bill? You could charge it.
Under the correct circumstances — if you have the right type of credit card and never carry a balance from month to month — charging your tax bill can pay off.
“There are a few scenarios where it could make sense,” says Robert McKinley, chief executive of CardWeb.com Inc. in Frederick, Md. “If you have the right rewards card, or if you use your rewards well, you may get a value that’s worth considerably more than the cost.”’
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