We have that crap here, too. Along with several other irritating plants. It's best to wait until winter when it is dormant, then burn it off or whatever you want to do. Just don't breathe the smoke! It gets in your lungs and can send you to the hospital.
I would wait until winter but it's right on the corner where there will be a school bus stop in the fall. Probably get someone with one of those full body coveralls to pull it for a few bucks.