According to the IRS, the Offer in Compromise program is not appropriate for everyone. Before submitting an Offer of Compromise, the IRS recommends that taxpayers investigate all payment options.
The IRS will accept offers that are equal to the maximum amount it can pay within a reasonable timeline.
While you can file on your behalf, Professor Stearns strongly advises against doing so. A Low Income Taxpayer clinic will help you with an OIC, free of charge, if your income qualifies. There are 135 federally-funded clinics across the United States. At least one is located in every state except North Dakota.