< 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/2021/05/EeY8p4.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Expert," Jackson Hewitt's Chief Tax Info Officer Mark Steber describes 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 circumstance. To read more about how an Offer in Compromise works, check out 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 choices 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, check out https://www.jacksonhewitt.com/