The IRS accepts credit card payments for taxes, but is that a smart move? Before putting your tax debt on plastic, consider the overall cost, the effect on your credit, and whether or not, there are better options. To help you decide, this post looks at these three factors:

FICA taxes are based on your earnings, and they fund Social Security and Medicare. If you are employed, your employer pays half of your FICA taxes, and you pay the other half. If you are self-employed or a small business owner, you pay all of your FICA taxes. 

The Child Tax Credit can lower your tax bill and put money in your pocket. To qualify, you must have children under age 17 by the end of the tax year and meet income guidelines. Let's check out the details.

You may be able to write off the cost of some meals and entertainment if you're self-employed or own a business. The rules are nuanced, but this is a legitimate deduction that you should claim if you qualify. To help you out, this post explains all the details. 

An extension moves the tax return due date, but surprisingly, it doesn't change the due date for your tax payment. To avoid interest and penalties, you should pay your taxes on time and file the return as soon as possible.