If your business owes the IRS payroll taxes or is facing aggressive collection action, you’ve probably been asked to complete IRS Form 433-B.

This isn’t just paperwork — it’s the IRS’s way of determining whether your business can pay, how much, and what enforcement options they might pursue.



Filling it out incorrectly — or carelessly — can cost you thousands.

At Summit Tax Relief, we help Oklahoma business owners complete IRS Form 433-B the right way, protect their business assets, and negotiate smart resolutions that work.

What Is IRS Form 433-B?

Form 433-B is the Collection Information Statement for Businesses.

It’s the business version of Form 433-A (for individuals) and is used to determine your company’s:



• Cash flow and monthly operating expenses
  
  
• Ownership and responsible parties
  
  
• Bank balances and asset values
  
  
• Accounts receivable and vendor payments
  
  
• Tax deposit history
  
  
• Ability to pay tax debt — or qualify for relief
  
  

When the IRS Requires Form 433-B

You’ll be asked to submit this form when:

• You owe 941 or 940 payroll taxes
  
  
• The IRS assigns a Revenue Officer to your business
  
  
• You request a payment plan over $25,000
  
  
• You apply for a business Offer in Compromise
  
  
• You request levy release or lien discharge for your company
  
  
• The IRS is preparing a Trust Fund Recovery Penalty (TFRP) investigation

Why It Matters So Much

The IRS uses the 433-B to:



• Evaluate whether to accept a payment plan
  
  
• Determine if your business should be shut down
  
  
• Assess if you’ve been making required deposits
  
  
• Decide whether to pursue you personally under TFRP
  
  
• Analyze business value for asset seizure or lien enforcement
  
  

One mistake on Form 433-B can trigger enforcement, delay resolution, or even put your personal finances at risk.

What the IRS Looks For in Form 433-B

• Are you still operating and making payroll deposits?
  
  
• Is your income greater than expenses, or are you upside-down?
  
  
• Do you have available cash or A/R they can levy?
  
  
• Is there unreported payroll, improper classification of contractors, or other red flags?
  
  
• Do your financials match what you filed on your business tax returns?

Oklahoma Case Example

Client: Construction firm in Tulsa, OK

• Owed $67,000 in back payroll taxes
  
  
• IRS requested 433-B and initiated TFRP process
  
  
• We completed 433-B with accurate cash flow, vendor list, and hardship documentation
  
  
• IRS accepted $425/month Installment Agreement
  
  
• Client retained bonding and kept business operating
  

Why Work With Summit Tax Relief?

• We know how IRS Revenue Officers think
  
  
• We prepare 433-Bs to reflect accurate financial reality without exposing excess liability
  
  
• We communicate with the IRS directly — so you don’t have to
  
  
• We protect both the business and the owner whenever possible
  
  
• Flat-fee pricing with no surprise hourly charges
  

Internal Links

• Owe IRS Payroll Taxes in Oklahoma? Here’s What to Do Now
  
  
• IRS Tax Lien in Oklahoma – What It Means and How to Get It Removed
  
  
• Trust Fund Penalty – What Oklahoma Business Owners Need to Know

Get Help Now

If the IRS is asking you for Form 433-B, don’t go it alone. We’ll help you complete it correctly — and use it to protect your business, not expose it.

📞 Call Summit Tax Relief at (833) 477-4911
📅 Schedule Your Free Strategy Call

FAQ

📣 About the Author

Marc Boulanger, CPA is the founder of Summit Tax Relief LLC, a boutique tax resolution firm based in Oklahoma City, OK and trusted by high-income individuals and business owners across Oklahoma.

He is the author of Oklahoma Taxpayers' Guide: Taking A Stand Against the IRS: A Step-by-Step Plan for Dealing With Tax Collectors and Unfiled Returns Without Going Broke, available now on Amazon. The book offers a step-by-step plan for resolving IRS tax debt without losing your business, your home, or your peace of mind.

With over a decade of experience resolving high-stakes IRS and State tax matters, Marc brings strategic insight to complex cases involving wage garnishments, bank levies, unfiled returns, and six-figure tax debts. He is known for helping clients reduce or eliminate tax liabilities through expertly negotiated settlements and compliance plans.

Marc is a Certified Public Accountant licensed in California and Oklahoma and holds the designation of Certified Tax Representation Consultant. He is a member of the American Society of Tax Problem Solvers (ASTPS) — the national organization founded by the educators and practitioners who have trained thousands of CPAs, EAs, and tax attorneys in IRS representation strategy.

Every case is handled with discretion, proven methodology, and direct CPA-led representation — not call center scripts.

📍 Learn more at www.summittaxrelief.com or call (833) 477-4911.