Offer in Compromise
An offer in compromise is an agreement between you (the taxpayer) and the IRS that settles a tax debt for less than the full amount owed.
The offer program provides eligible taxpayers with a path toward paying off their tax debt and getting a “fresh start.” The ultimate goal is a compromise that suits the best interest of both the taxpayer and the IRS.
To be considered, generally you must make an appropriate offer based on what the IRS considers your true ability to pay.
But remember- an offer in compromise is difficult to get, requires you to follow all IRS rules, and you must fulfill all of the terms of the offer if it's accepted.