< 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/P8fSzJ.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 between back taxes and tax debt, the three levels of tax financial obligation, and what taxpayers can do if they're in this circumstance. To find out more 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/. Find out more about what tax financial obligation 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/ Subscribe to Jackson Hewitt: https://www.youtube.com/c/jacksonhewitt?sub_confirmation=1 For more assist with your taxes year-round, visit https://www.jacksonhewitt.com/