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Learn how to strategically pay your taxes with credit cards in 2024 to maximize rewards and welcome offers. A step-by-step online guide!
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These clients also made estimated federal income tax payments throughout 2023 but Smith said the IRS letters he saw only reflected what that IRS said was the remaining balance still due for 2023.
Consequences of Late Tax Payments Failing to pay your taxes by the deadline can lead to severe financial consequences. The IRS imposes a 7% annual interest rate, compounded daily, on unpaid taxes.