< 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/YQT79S.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Expert," Jackson Hewitt's Chief Tax Information Officer Mark Steber explains the differences in between back taxes and tax debt, the 3 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, visit 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 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 assist with your taxes year-round, go to https://www.jacksonhewitt.com/