With only a little over a week before the tax deadline, many taxpayers are rushing to get their returns prepared. Unfortunately, it can be easy to make a mistake and if you owe the IRS money then you face the risk of an additional fee or penalty if you do not get your taxes paid in full before April 15th. CreditUnionsOnline.com put together a nice list of 10 things to know about making federal tax payments, and if you need to write a check to the IRS this year then I highly recommend checking out their full list here.
1. Never send cash!
2. If you file electronically, you can file and pay in a single step by authorizing an electronic funds withdrawal via tax preparation software or a tax professional.
3. Whether you file a paper return or electronically, you can pay by phone or online using a credit or debit card.
4. Electronic payment options provide an alternative to paying taxes or user fees by check or money order. You can make payments 24 hours a day, seven days a week. Visit IRS.gov and search e-pay, or refer to Publication 3611, e-File Electronic Payments for more details.