The National Directory of Certified Public Accountants

Ask A CPA - Extension to Pay Taxes

What Are The Late Payment Penalties?

The failure-to-pay penalty is generally half of 1 percent per month with an upper limit of 25 percent. You can borrow the money somewhere else. You can pay your taxes with a credit card, however the merchant processing fees of approximately 3% will be your responsibility

If you need professional help with "Extension to Pay Taxes" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.