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This form will be used for tax filing purposes in the United States, and will be received by the Internal Revenue Service. The Form 433-B is known as a Collection Information Statement for Business. This form will be filled out by taxpayers who have their own business or are self-employed. It will provide the IRS with more information about their financial situation so that they can be taxed appropriately.
The form will often be used in conjunction with Form 433-A, or a Collection Information Statement for Wage Earners and Self-Employed Individuals. It can also be used separately if the party is not a sole proprietor. A Form 433-B will require more detailed information about the tax filers business. This includes very specific information about the assets, such as real estate and vehicles, and business expenses such as utilities and salaries. Have this information ready before you try to complete the form.
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