TAP
S05-048 Simplifying Collection Statements (433-A and 433-B)
TAP
S05-048
Simplifying
Collection Statements (433-A and 433-B)
Statement
of Issue:
The complexity of
Collection Information Statements, Form 433-A
for individual taxpayers and Form 433-B for businesses,
burdens taxpayers applying for either an installment
agreement or an offer-in-compromise.
Proposal:
Simplify Collection
Information Statements by revising Form 433-A
and 433-B to reduce the burden on taxpayers applying
for an installment agreement or an offer-in-compromise.