< iframe width= "480 "height=" 320" src =" https://www.youtube.com/embed/C22ivsNIUAs?rel=0" frameborder= "0" allowfullscreen >< img style=" float: left; margin:0 5px 5px 0; "src=" http://ustaxreview.org/wp-content/uploads/2021/05/0dhyQ5.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Insider," Jackson Hewitt's Chief Tax Info Officer Mark Steber explains the distinctions in between back taxes and tax financial obligation, the three levels of tax debt, and what taxpayers can do if they remain in this situation. To learn more about how an Offer in Compromise works, go to https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-an-irs-offer-in-compromise/. Find out more about what tax debt is, and your choices on how to cover it: https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-tax-debt-guide/ Register For Jackson Hewitt: https://www.youtube.com/c/jacksonhewitt?sub_confirmation=1 For more assist with your taxes year-round, check out https://www.jacksonhewitt.com/