< 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/VDUtJD.jpg"/ > In this episode of" Tax File Minute: Answers from a Tax Insider," Jackson Hewitt's Chief Tax Details Officer Mark Steber describes the differences in between back taxes and tax debt, the three levels of tax debt, and what taxpayers can do if they remain in this circumstance. For more information 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/. 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/ Sign Up For Jackson Hewitt: https://www.youtube.com/c/jacksonhewitt?sub_confirmation=1 For more assist with your taxes year-round, see https://www.jacksonhewitt.com/