Installment Agreements: Government programs offer taxpayers the option to pay their tax debt through monthly installments, making it more manageable to fulfill their obligations over time. Offer in Compromise (OIC): Taxpayers facing financial hardship may qualify for an OIC, allowing them to settle their tax debt for a reduced amount, based on their financial situation. Penalty Abatement: Under certain circumstances, governments may grant penalty relief, reducing or eliminating the penalties associated with unpaid taxes, providing taxpayers with a chance to resolve their debt without the additional burden of penalties. Currently Not Collectible (CNC) Status: Taxpayers experiencing extreme financial hardship may be eligible for CNC status, temporarily halting collection activities until their financial situation improves, offering a reprieve from immediate tax debt obligations.