How Do I Pay My Tax Without A Bank Account?

So you have already done the impossible... you started a cannabis company, it is operating, AND it is making a tax profit. First off, congrats!

Now, how exactly do you pay that stinking tax bill? You don't have a bank account, and you can't just show up with a bag of cash and pay your tax right? Wrong! You not only can do it that way, you will have to do it that way without a bank account unless you are planning on going to 30 post offices to get 100 separate $1,000 money orders to pay that $100,000 tax bill. Doesn't sound like something you will do? That's because you won't, so let's get to reality here.

Remember that "taxes" aren't just one government body, we are dealing with multiple states with varying issues, tax rates (some have no income tax at all). Even though below we will talk about the Federal side of things (since it applies to you all), do not forget that you need to do this same thing for your State and Local taxes, as applicable in your jurisdiction.

1. Go online (https://apps.irs.gov/app/officeLocator/index.jsp) and find your nearest IRS Taxpayer Assistance Center (TAC). Not all TAC's are created equal, as some will not accept cash payments. When I search 97267 I get the below result

Find the right IRS Taxpayer Assistance Center (TAC)

2. Once I click to make an appointment, I am taken to a list of close centers, where I am then able to see which services they provide. This is where you can make sure they take cash payments.

Finding Services Provided by the local IRS TAC

WAIT! Look at this below, this TAC doesn't accept cash payments, good thing we checked!

Good thing we didn't just drive over there!

Good thing the Portland, OR IRS TAC accepts cash payments!

Perfect, they take cash so we will make our appointment here

Once complete, you will have an appropriate appointment setup at the correct center where you can pay your IRS tax balance.

Tips for your meeting:

1. Show up on time

2. Do NOT try to get cute and pay in pennies or they will turn you away (yes they can say no to your money).

3. You are going to be in a Federal building, leave your firearms, cannabis, or anything else at home or you may be in a Federal building for a lot longer.

4. ALWAYS walk out with a receipt showing the payment as being applied to your correct account and the correct tax year!