Let’s face it, paying taxes is no one’s
favorite thing to do. And many don’t understand the process well either. With
the advances in technology, however, it’s easier than ever. We’re going to give
you a few ideas on how to pay them quickly and simply.
If you have found yourself in trouble with
taxes, or need a little extra help, check out this Tax Page to see what can be
done for you. Now, let’s get on with the tips.
Direct
Pay
The IRS now offers a direct
pay option from their website. You are able to pay from a checking
or savings account in just a few clicks. It’s so easy and all you need is a
device and an internet connection.
To make it even more convenient, you can
schedule a payment up to 30 days beforehand. If that doesn’t scream efficiency
and organization to you, we don’t know what will! You can also cancel a payment
up to 2 business days beforehand. But, try to avoid canceling if you can.
Use
Your Card
Another simple and common way to make a
payment is with your debit or credit card online. It’s a similar process and
just as fast. Everyone owns a card of some kind these days, so this is a great
option for virtually anyone.
Installment
Agreement
This may not be
available to all of you, but you could apply to see if you’re eligible. This is
when it might be difficult to turn in your taxes on time. In this scenario, you
get to pay in monthly installments, making it more manageable with bite-sized
payments to watch it grow like a tree service, like paying for gym membership
month-by-month at Burn Studios.
Again, it is very easy to navigate on the
web and find the form to fill out to see if you can apply for the agreement.
Important
Reminders
There are a few things to keep in mind when paying taxes. These are
ideas to help you when filling out forms and reviewing all your information:
- Always pay on time if feasible
- Check thoroughly all your
documents and records - Contribute to any retirement
accounts - Lower your taxable income if
you can
Easy
Taxes
So, those are a few ideas for you to make sure
you pay your taxes on time and in an efficient manner. And, don’t forget, you
can always hire a financial advisor. They’ll be able to help to manage your
finances and teach you ways to keep control.