< 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/Ycv9mj.jpg"/ > In this episode of" Tax File Minute: Responses from a Tax Insider," Jackson Hewitt's Chief Tax Details Officer Mark Steber explains the differences in between back taxes and tax financial obligation, the three levels of tax financial obligation, and what taxpayers can do if they're in this circumstance. For more information 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 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, check out https://www.jacksonhewitt.com/