Indianapolis Indiana – IRS Form 433-B
IRS Form 433-B, Collection Information Statement for Businesses is a form the IRS uses to determine how they are going to collect money from a business that owes back taxes. If IRS Form 433-B is not completed correctly, the IRS could assume that you can afford to pay more than you actually can. Or conversely that you can’t afford to pay anything because your business is not viable. If the IRS thinks your business is not viable then they will take steps to put you out of business such as levying bank accounts or accounts receivable or seizing assets. The tax Enrolled Agents and enrolled agents at Phoenix Financial Group can help you complete IRS Form 433B and work directly with the IRS to establish an affordable payment plan to resolve your past due tax debt. We can also assist you in reducing the tax debt owed and prevent the aforementioned enforcement action (such as levy and seizure) from taking place. IRS Form 433-B, Collection Information Statement for Businesses can be used for your benefit if completed correctly and accurately. If completed incorrectly, it can be used by the IRS as a tool to put you out of business.
If you live in Indianapolis Indiana and your IRS Revenue Officer has asked you to complete IRS Form 433-B, call us at 888.572.2179 for a free consultation.
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