OFFERS IN COMPROMISE
While in reality a very small percentage of tax resolution cases are actually resolved by means of an offer in compromise, this could be the right solution for you if you qualify. Be aware there are tax resolution firms out there who use the possibility of an offer in compromise as a foot in the door and take your money, only to tell you later that you do not qualify for an offer and then try to take your money again to find other resolution possibilities.
How do I know if I may qualify for an Offer in Compromise?
If I have no money, how can I make an offer and then pay if my offer is accepted?
Doubt as to Collectibility
Doubt as to Liability
Effective Tax Administration
With this seldom approved form of an offer, the taxpayer agrees with the amount of the liability to the IRS and the taxpayer admits they do have the assets to pay in full, but it would not be fair and equitable or against public policy to collect the full amount owed.