What is IRS Form 433-F, A & B – Get Help Navigating This Form
Has the IRS recently requested that you file financial information using Form 433-F, 433-A, or 433-B? If you have unpaid tax debt, these forms will determine how the IRS will require you to pay it back.
What are Forms 433-F, A, and B?
These forms are used by the IRS to collect financial information from businesses and individuals with unpaid tax debt. The information requested is very detailed, and once submitted, it is used to determine how the debt will be collected.
- Form 433-F is a streamlined version that has become commonly used in recent years.
- Forms 433-A and 433-B are up to six pages long and much more detailed, requesting comprehensive financial information, including assets (real estate, vehicles, etc.), bank accounts, credit cards, employment information, and monthly living expenses. You may also be required to include additional forms and copies of your tax returns with these 433 Forms.
Why You May Need to File a 433-F, A, or B
Many individuals owe the IRS substantial amounts of money and are unable to pay their tax debt in full. Completing one of these forms is often a requirement for those with delinquent tax obligations. This process is the first step in determining how your tax debt will be addressed. The information you provide will allow the IRS to move forward in collecting delinquent tax debts.
Get Professional Help with Your 433-F
Negotiating with the IRS for a reasonable payment plan can be stressful. Accurately completing the 433 forms to reflect your financial situation may also be challenging. While professional assistance is not mandatory, it can offer significant benefits. The IRS will assess your financial information and work to design plans for resolving your tax debt as efficiently as possible. Remember, the IRS is an unwilling lender; they do not want to finance your tax debt.
At LA-Twins, we are here to assist you in navigating this complex process. With over 40 years of experience and a team that includes former IRS employees, we have firsthand knowledge of how the IRS operates and leverage this to our clients’ advantage. You can expect straight talk from us—no empty promises that sound too good to be true.
Contact Us Today!
Visit LA-Twins to request a consultation or contact us at contact@la-twins.com. Let us help you address your delinquent tax liabilities effectively.
