I owe back taxes from '06 - 11 totaling approx . $ 25 , 000 . I was hoping I could find out how to negotiate with the IRS to settle for much less with an offer in compromise and possibly borrow the money to pay them off . Can you please tell me the best way to do this , if possible or is there such a thing ? If so , what are the chances of it being accomplished ? Also , is there a rule of thumb on what percentage they may discount or settle for ? Thank you .