If you do not have the funds available to pay what you owe in taxes, contacting the IRS and your state tax office is a great first step. Even if you can't pay the whole sum of what you owe, you should still file your taxes on time. Making a partial payment may help to reduce penalties and repayment plans are available.
There may be loan options available to you to assist in paying off tax debt, such as a home equity loan. To learn more about loan options, make an appointment to speak with a banker via phone, online or in person.