Offer in Compromise: If you don’t have money to pay all your taxes or cannot afford to pay all your taxes the best option for most people is “Offer in Compromise” What is Offer in Compromise? An offer in Compromise is an agreement between the taxpayer and the government that settles a tax liability for payment of less than the full amount.  IRS will generally accept Offer in Compromise when it is unlikely that the tax liability can be collected in full and the amount offered reasonably reflects collection potential. In some cases your tax liability may be reduced as much as 90% of what you owed.  We do Offer in Compromise.