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Begin with Section 1, Business Information. Fill in your business name, Employer Identification Number, and physical address. Ensure all contact details are accurate.
Proceed to Section 2, Business Asset Information. Gather current statements for all assets and liabilities. Enter values for cash, investments, real estate, and vehicles as instructed.
In Section 3, provide your average gross monthly income based on recent documentation. This includes sales receipts and other income sources.
Next, complete Section 4 by detailing your average monthly expenses using recent bills or statements to ensure accuracy.
Calculate your minimum offer amount in Section 5 by following the provided formulas based on your remaining income and available assets.
Finally, review Section 6 for any additional information required by the IRS and ensure you sign in Section 7 before submitting.
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