< 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/C0mJxm.jpg"/ > In this episode of" Tax File Minute: Responses from a Tax Expert," Jackson Hewitt's Chief Tax Details Officer Mark Steber explains the distinctions between back taxes and tax financial obligation, the three levels of tax financial obligation, and what taxpayers can do if they remain in this scenario. To find out more about how an Offer in Compromise works, check out https://www.jacksonhewitt.com/tax-help/tax-tips-topics/back-taxes/what-is-an-irs-offer-in-compromise/. Find out 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/ 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/