April 15, 2016
Tax Tip: Rules for Home Office Deductions

Tax Tip: Paying your Taxes; Things to Remember

Tax Tip: Paying your Taxes; Things to Remember We are nearing the deadline and taxes are at the top of mind for many of us.  Here are several tips you should know about paying your taxes. Tax Tip: Paying your Taxes; Things to Remember Never send cash. The IRS has a phone app which lets you pay your taxes with a debit or credit card. The app is called: IRS2go. You can also pay your tax bill using the IRS Direct Pay online version. Many tax preparation software will allow you to make payments for your tax bill directly in the software. If you pay using a debit or credit card, the processing fee which you will be charged MAY be deductible on your next year’s return. The IRS will accept a personal check; cashier’s check or money order. NEVER CASH! If you pay using a check, send Form 1040-V with the check. Even if you can’t pay your tax bill in full, file your taxes on time.   Tips courtesy of IRS Website