More and more people are electing to settle their annual tax bills with credit cards, enticed, it seems, by the perks or convenience of paying with plastic. But not everyone agrees on the financial soundness of the strategy. In 2005, nearly 1.5 million taxpayers used a credit card to pay their debt to the Internal Revenue Service – an increase of 54 percent compared to the number of people who used the option in 2004, according to the IRS.
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