April 15th is fast approaching; you have your tax return done and find that you owe money that you don’t have. Where can you turn so you don’t end up compounding the problem by not paying?
• You can give yourself a loan by using a credit card. I caution you on this though. If you cannot pay your balance off quickly, you will be adding interest payments onto what you have charged to pay your tax bill.
• The bank of Mom & Dad (or other relatives). While I don’t feel that borrowing money from family members is a good idea, it is better than getting into trouble with the IRS. If you need to take this family member approach, then ask for money with a repayment plan.
• Take out a personal loan. If you have good credit, you can get a short term loan from your banking institution.

Next year, make sure you paying in as much as you owe this year, if not more, so you are not caught short again.

disclosures:http://www.hechteffect.net/?page_id=31

http://blogsrank.com/