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Can You Really Settle Tax Debt for Less?

Video Transcript

Can you really settle your IRS tax debt for less than what you owe? Yes, but only if you qualify for an Offer in Compromise. An Offer in Compromise is a program where the IRS agrees to take less than the full amount you owe. We look at your income, expenses, and assets. Then build a case to show the IRS why it makes more sense to accept less money instead of chasing the full amount. If your tax debt feels impossible, call Victory Tax Lawyers. We'll tell you if an Offer in Compromise is the real option for you or if another strategy makes more sense.

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This content was written and reviewed by the licensed tax attorneys at Victory Tax Lawyers, LLP. Our attorneys specialize in IRS tax relief and are licensed members of the California State Bar with a nationwide practice.

Last Reviewed: 2026  ·  Meet Our Attorneys →

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