< 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/2021/05/kNUTuU.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Insider," Jackson Hewitt's Chief Tax Information Officer Mark Steber describes the differences in between back taxes and tax debt, the three levels of tax financial obligation, and what taxpayers can do if they remain in this scenario. To find out more about how a Deal in Compromise works, see 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 choices on how to cover it: https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-tax-debt-guide/ Sign Up For Jackson Hewitt: https://www.youtube.com/c/jacksonhewitt?sub_confirmation=1 For more aid with your taxes year-round, check out https://www.jacksonhewitt.com/