IRS Payments—Things You Need to Know

Making payments to the IRS is something that we will all do at one point or another, some more than others. Small business owners certainly spend a lot of time making sure the tax man is properly paid, especially when the company revenues pass through to their personal tax returns as they would with a sole proprietorship, for example. The emphasis here is on properly paid. If you plan to pay your tax bill in pennies, Confederate money, a picture of a spider that you just happen to value the same as your tax bill, local currency or in some other fanciful way, don’t. Instead, make things easy and follow these tips from the IRS: /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; m... [Read Full Article]