< 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/drFaOI.jpg"/ > In this episode of" Tax File Minute: Responses from a Tax Expert," Jackson Hewitt's Chief Tax Info Officer Mark Steber describes the distinctions in between back taxes and tax debt, the three levels of tax financial obligation, and what taxpayers can do if they're in this scenario. To read 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/. Read more about what tax financial obligation 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/ Register 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/