Re: How can I get a loan to pay IRS?
Have you tried negotiating a settlement with the IRS? According to my tax accountant husband, many times they will settle for 50 cents or less on the dollar. There is some paperwork involved but they are usually pretty lenient in their settlements. I think that does have to be a lump sum, but I think it would be much easier to get an unsecured loan for $10,000 than $20,000. You will need to get the approval on the loan first, though, before approaching the IRS because there is a time limit for getting the payment in. So try for the $20,000 first and if the bank won't go for that, see what they will go for, then try to settle with the IRS for that, but try to keep it to 50% or less. Of course, if you get approved for the whole $20,000, only get what you need for the settlement!
If you are not successful in getting a loan, though, go ahead and make payments! At least, you will be making some progress on it. Or you could set that money aside since you haven't been making payments, anyway, until you have enough to offer a settlement.
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