IRS Archives - Small Business

Does your business need money to pay business taxes? Funding programs are available that cover federal IRS taxes, state taxes and local taxes. The money can also be used to pay quarterly tax payments , OIC offer in compromise settlements, and income tax settlements.

Identify business funding programs that offer money to pay IRS Taxes, including business back taxes, tax liens and OIC, offer

in compromise, and tax settlements.

If your business has the cash flow, select programs are available to satisfy the need to pay your specific tax debt. Tax debt and liens of all amounts are usually considered by these specialty programs. Some may require additional collateral such as real estate, listed stock, or other collateral that covers the amount of the tax debt. Open tax liens over $10,000 are more difficult to get funding for without collateral.

After evaluating, choose the program that is most likely to provide the funding needed for your business to pay and satisfy the required tax debt.

Choose the program to pay business tax debt

Contact the lender. Check features, benefits and program requirements. Ask about restrictions, including what is needed for approval and closing.

When you determine your business meets the requirements, apply for funding.

When you determine your business meets the requirements for a loan to pay business taxes, apply for funding.

For any offers made, review the full terms and determine if your business can make the payments. If so, provide the items needed by the funder to close the transaction.

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F.A.Q. Frequently asked Questions:

Do I have to be in a payment plan?

Your business does not always have to be in a business tax payment plan. Being in a payment plan helps, and may be required, but it is not always required. This is especially true if the amount of the delinquent tax is under $10,000

Do I have to provide information on the payment plan?

If you or your business has a payment plan, it is better to provide the payment plan documentation. Doing so will help you secure the funding you need.

What if I have an open tax lien?

Programs are available to handle and allow you or your business to payoff an open tax lien, if approved. Whether an offer can be made depends primarily on the amount of the open tax lien, the cash flow of the business, and the owner’s credit score. Other factors include the average daily balance of the business, the time in business, and if the business has NSF or overdraft history.
If the cash flow and revenues of your business show that you can handle the payment amount needed for funding to payoff the open tax lien, then your business has an excellent chance of being approved.

How long does it take to get the funding?

Processing time from application to funding on approved requests, to funding is 2-3 days in most cases.

What if I have a lien on my credit? Can I get funding to pay the IRS if there
is a lien on my credit?

Having a lien on your credit is usually not the deciding factor and you still often have an excellent opportunity to get funding. The cash flow of the business and being able to provide documentation on the lien is more important. The information from the IRS on the lien will provide all the details needed on the lien

With programs that specialize in making Business loans to pay taxes, the applicant can have a tax lien on their credit report. The lien can be on any bureau report, Equifax, TransUnion, or Experian. Click on the application above to apply for a program in which there can be a lien on your credit. The owner can use the funds to pay off and satisfy the lien.

Is the tax lien paid off at closing with proceeds, or do I payoff and satisfy the IRS tax lien?

This will vary from one program to another. In most cases, you are funded into your business checking account. You then use the funds to payoff and satisfy the IRS Federal Tax lien.
A stipulation for closing may be to provide details on the lien and underwriting may issue funds directly to payoff the IRS lien. This may be the case for federal BUSINESS tax liens, state tax liens or local taxes.

Do I need collateral for a business loan to pay back IRS taxes?

You do not have to have collateral to try to qualify for funding to pay an IRS business taxes with most programs.
If you do not qualify for programs that do not require collateral, there are programs available that consider and use commercial real estate with enough equity, or other assets.

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Get money to pay IRS business taxes

Do I have to be in a payment plan?

Your business does not always have to be in a business tax payment plan. Being in a payment plan helps, and may be required, but it is not always required. This is especially true if the amount of the delinquent tax is under $10,000

Do I have to provide information on the payment plan?

If you or your business has a payment plan, it is better to provide the payment plan documentation. Doing so will help you secure the funding you need.

What if I have an open tax lien?

How long does it take to get the funding?

Processing time from application to funding on approved requests, to funding is 2-3 days in most cases.

What if I have a lien on my credit? Can I get funding to pay the IRS if there
is a lien on my credit?

Is the tax lien paid off at closing with proceeds, or do I payoff and satisfy the IRS tax lien?

Do I need collateral for a business loan to pay back IRS taxes?

You do not have to have collateral to try to qualify for funding to pay an IRS business taxes with most programs.
If you do not qualify for programs that do not require collateral, there are programs available that consider and use commercial real estate with enough equity, or other assets.

Do I have to be in a payment plan?

Your business does not always have to be in a business tax payment plan. Being in a payment plan helps, and may be required, but it is not always required. This is especially true if the amount of the delinquent tax is under $10,000

Do I have to provide information on the payment plan?

If you or your business has a payment plan, it is better to provide the payment plan documentation. Doing so will help you secure the funding you need.

What if I have an open tax lien?

How long does it take to get the funding?

Processing time from application to funding on approved requests, to funding is 2-3 days in most cases.

What if I have a lien on my credit? Can I get funding to pay the IRS if there is a lien on my credit?

Is the tax lien paid off at closing with proceeds, or do I payoff and satisfy the IRS tax lien?

Do I need collateral for a business loan to pay back IRS taxes?

You do not have to have collateral to try to qualify for funding to pay an IRS business taxes with most programs. If you do not qualify for programs that do not require collateral, there are programs available that consider and use commercial real estate with enough equity, or other assets.

What if I have a lien on my credit? Can I get funding to pay the IRS if there
is a lien on my credit?

You do not have to have collateral to try to qualify for funding to pay an IRS business taxes with most programs.
If you do not qualify for programs that do not require collateral, there are programs available that consider and use commercial real estate with enough equity, or other assets.