Every year, many Americans find themselves owing the IRS more than they can afford to pay. Whether you owe back taxes after an audit or miscalculated when making estimated quarterly payments, those in trouble with the IRS often have the same question: Can I get a loan to pay off tax debt?
The short answer is yes. Personal loans, in particular, are very versatile and can be used for almost any legitimate purpose. That includes paying your taxes. However, depending on your situation, getting a loan may not be wise or even feasible. To determine whether you can or should get a loan to pay off your tax debt, consider the following questions.
How Much Do I Owe?
Most personal ...