Every last one of us dreads the arrival of the tax man. However, taxes have to be paid whether we like it or not. Taxes are our obligation to the country and there should be no evasion of this expense. Small businesses are especially affected when the tax authorities come calling. First of all, they may not have hands-on accounting staff on their rolls. Second, they may not be in the position to provide adequate cash to meet their burden of taxes. Being a small business in the modern world may make one feel insecure. However, it does not have to make you feel permanently insecure.
These days, large numbers of smaller businesses are choosing to make tax payments through their business credit cards. If you thought that credit cards were only good for clothes and groceries and buying products online, it is time you changed our views. Credit cards are rapidly moving on to becoming the favored mode of payment for everything — from mortgage and house rent to electricity, necessities, and taxes. Small businesses are especially blessed by this expansion. Even if they do not have enough cash on hand to fill in their taxes, they can depend on their credit cards to pay for...