Tax payments!
by
Armando1
Hi,
Some of us know the advantages of making the tax payments using credit cards. But, most of the people are ignorant about it. So, I thought, it would be beneficial for such people, if I share something which I know.
Recently, I read a guide to pay the taxes via credit card( http://frequentmiler.boardingarea.com/2017/01/16/paying-taxes-via-credit-card/ ). These are the top 5 reasons to pay federal taxes with a credit card or gift card:
1. Profit: Since you’ll earn 3% cash back on both the base tax payment and the processing fees, the profit should be approximately 1.186% of your tax payment.
2. Meet minimum spend requirements
3. Buy miles cheaply: Several credit cards offer up to 1.5 miles per dollar for spend
4. Earn valuable big spend bonuses: elite status, free nights, companion pass, etc.
5. Liquidate Visa/MasterCard gift cards cheaply.
There are several companies offering services for those who are filing taxes late in Toronto. They help us to make decisions and actions in case of any issues with tax payments. Hope the information would be helpful for you. And please share whatever you know about the same. Thank you.
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