< iframe width= "480 "height=" 320" src =" https://www.youtube.com/embed/C22ivsNIUAs?rel=0" frameborder= "0" allowfullscreen >< img design=" float: left; margin:0 5px 5px 0; "src=" http://ustaxreview.org/wp-content/uploads/2021/06/QPe6qj.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Insider," Jackson Hewitt's Chief Tax Information Officer Mark Steber explains the distinctions between back taxes and tax financial obligation, the three levels of tax financial obligation, and what taxpayers can do if they remain in this situation. For more information about how a Deal in Compromise works, check out https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-an-irs-offer-in-compromise/. Check out more about what tax debt is, and your options 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 aid with your taxes year-round, go to https://www.jacksonhewitt.com/