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re: Paying my taxes with a credit card

Posted on 3/24/13 at 8:44 pm to
Posted by MadDoggyStyle
Member since Feb 2012
3857 posts
Posted on 3/24/13 at 8:44 pm to
If you are self employed then you must have a business of some sort right? Plumber, accountant, etc? Why aren't you writing yourself a check from your business to pay your taxes? I have to pay quarterly and write myself a check and call it a distribution since I have an S corp. If your business has no cash, then you may have bigger problems. Paying taxes on a cc seems very desperate to me. What am I missing here?
This post was edited on 3/24/13 at 8:48 pm
Posted by rintintin
Life is Life
Member since Nov 2008
16227 posts
Posted on 3/24/13 at 9:31 pm to
Personal trainer actually. What do you mean writing myself a check? I'm contracted through a gym and receive a bi-weekly check for my services, then a 1099 at the end of the year.

As I've said, I've saved for taxes and have enough to pay it in full with cash, but I'd rather have that cash on hand and pay off the cc throughout the year, while also getting rewards for it.
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