A suggestion I frequently make to business owners who do not have an extensive history of paying back debt is to open a small business credit card.

Credit card defaults are on the rise for Americans, reaching the highest amount in 14 years. U.S. credit card defaults jumped to a record number of $46 billion from January through September 2024, reported the Financial Times,

In this guide, we break down the pros and cons of using a credit card to pay your taxes and provide a list of the best credit cards to pay your taxes.