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 433 B Oic 2025

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[Music] welcome my fellow tax professionals in this video we'll be discussing IRS form 433 be the collection information statement for businesses I'm your host attorney Robert shallow at the author of the course IRS form 433 be oh I see is critical to explain the income expenses and the assets of the taxpayer it's with these calculations that the tax professional is able to properly calculate the amount of the offer for the offer and compromise a miscalculation by the tax professional would cause the taxpayer to either overpay the tax liability or under pay the tax liability causing the offer to be rejected so careful study of form 433 B is essential for business taxpayers enjoy the course now let us explore form 433 B oh I see more closely form 433 B is the collection information statement for businesses by corporations and LLC's in contrast with form 433 B oh I see form 433 a oh I see is utilized for individual wage earners and sole proprietorships to compromise back

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