If you can’t pay your past due taxes, then you may be able to make what’s called an offer in compromise to the IRS. With an offer in compromise, the IRS agrees to settle the taxpayer’s tax liability for less than the full amount owed. However, the IRS doesn’t just accept an offer in compromise from anyone. In fact, absent special circumstances such an offer will not be accepted if the IRS believes that there is anyway it can collect the full amount whether as a lump sum payment, through a payment plan or through the sale of any other taxpayer’s assets. The IRS will only accept an offer in compromise when it doubt the taxpayer could ever pay the full amount owed, when there is a doubt as to the actual amount due or when there is some other special circumstances making it unfair or inequitable to pursue the full tax collection.