< 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/qeLZje.jpg"/ > In this episode of" Tax File Minute: Responses from a Tax Insider," Jackson Hewitt's Chief Tax Information Officer Mark Steber explains the differences between back taxes and tax debt, the three levels of tax debt, and what taxpayers can do if they remain in this scenario. To find out more about how an Offer 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 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, see https://www.jacksonhewitt.com/