< 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/M1t9Uv.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Expert," Jackson Hewitt's Chief Tax Info Officer Mark Steber describes the differences between back taxes and tax financial obligation, the three levels of tax debt, and what taxpayers can do if they're in this situation. 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/. Learn 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 aid with your taxes year-round, visit https://www.jacksonhewitt.com/