< 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/2021/06/23uU3V.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Expert," Jackson Hewitt's Chief Tax Information Officer Mark Steber explains the distinctions between back taxes and tax debt, the three levels of tax financial obligation, and what taxpayers can do if they're in this scenario. To get more information about how a Deal in Compromise works, go to https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-an-irs-offer-in-compromise/. Learn more about what tax debt is, and your alternatives on how to cover it: https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-tax-debt-guide/ Subscribe to Jackson Hewitt: https://www.youtube.com/c/jacksonhewitt?sub_confirmation=1 For more assist with your taxes year-round, go to https://www.jacksonhewitt.com/