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GreatFX Business Cards Small Business Buzz IRS Payments by Credit Card
Small Business Buzz
IRS Payments by Credit CardA doubleshot of business news espresso with extra froth Share Your Thoughts!
Starting this year, business owners will be able to pay [tag]employment taxes[/tag] — Forms 940 and 941 — with plastic. For the first time this tax season, business owners who paid $1,500 or more in wages in any quarter of the previous year will be able to make federal business-tax payments on their American Express, Discover, MasterCard, or Visa, the [tag]Internal Revenue Service[/tag] announced on Jan. 5. On top of collecting air miles and other bonus points on their cards, small-business owners could cover employment taxes with a credit card payment, then — depending on cash flow — could hold-off on paying the balance on the cards until later in the month. Related Buzz Posts: How NOT to Fund a Business How to Improve Your Credit Score Business Card Cases Funding Options for Small Business Estimating Self-Employed Tax MasterCard Global Small Business Survey 2006 Remembering Your Customers Networking with Business Cards Networking Cards: The Business Card Alternative A Little Relief from High Gas Prices on the Horizon By Chris Brunner Friday, August 31st, 2012 @ 7:06 PM CDT Taxes | |
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