Being former IRS agents and managers I can tell you that many taxpayers and tax preparers do not understand there is a valuable tool that is available to them for tax audits and it is called the fast-track settlement.
It is a valuable tool for IRS tax audit help.
This tool can save the taxpayer loads of money and tax representation fees.
We are a tax firm comprised of tax attorneys, tax lawyers, certified public accountants, and former IRS agents and managers who have over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS. You should call us today for a free initial tax consultation to see if you qualify for the use of fast track settlement help. Not everyone is a qualified or suitable candidate that’s why it is important for us to review your case to find out if it is the right situation for you.
The bottom line to fast-track settlement is that it reduces the time of the final decision for your IRS tax audit. We also have on staff former IRS appellate agents who can help with these determinations to find out if this stuff is right for you.
Being a former IRS agent I would absolutely make sure you contact an experienced tax professional and receiving advice on IRS tax audits.
There is a world of difference in a true tax firm versus the volumes of Internet advertising firms that is suggesting taxpayers can settle these cases by using these various Internet companies who are not owned and operated by true tax professionals.
Fast Track Settlements
Fast Track Settlement (FTS) offers Large Business and International Division (LB&I) taxpayers a way to resolve audit issues during the examination process in less than 120-days.
Working with LB&I and Appeals, taxpayers can use the settlement authority and mediation skills of Appeals to shorten their overall experience with the Internal Revenue Service.
FTS reduces the combined LB&I-Appeals process time by two years.
Fast Track Settlement (Small Business and Self-Employed Taxpayers)
Small Business/Self-Employed and Appeals have designed an alternative dispute resolution strategy for small business and self-employed taxpayers, called the SB/SE Appeals Fast Track Settlement.
The FTS program was designed to resolve audit issues during the examination process within a goal of 60 days from acceptance of the application in Appeals.
A taxpayer who is interested in participating in the SB/SE FTS, or who has questions about the program and its suitability for the taxpayer’s case, may contact the Examination or Specialty Program group manager.
To apply for the SB/SE FTS program, the taxpayer and the group manager need to submit Form 14017, Application for Fast Track Settlement, and the taxpayer’s brief, concise and soundly written.
Fast Track Settlement (Large Business and International Division Taxpayers)
Fast Track Settlement (FTS) offers Large Business and International Division (LB&I) taxpayers a way to resolve audit issues during the examination process in less than 120-days.
Working with LB&I and Appeals, taxpayers can use the settlement authority and mediation skills of Appeals to shorten their overall experience with the Internal Revenue Service. FTS reduces the combined LB&I-Appeals process time by two years.
Post Appeals Mediation
Mediation is available for certain cases that are already in the Appeals process only after Appeals settlement discussions are unsuccessful and, generally, when all other issues are resolved but for the issues for which mediation is being requested.
Mediation is a non-binding process that uses the services of a mediator, as a neutral third party, to help Appeals and the taxpayer reach their own negotiated settlement.
To accomplish this goal, the mediator will act as a facilitator; assist in defining the issues; and promote settlement negotiations between Appeals and the taxpayer.
The mediator will not have settlement authority in the mediation process and will not render a decision regarding any issue in dispute.
Tax Arbitration
Arbitration is available for certain cases within Appeals jurisdiction that meet the operational requirements of the program.
Generally, this program is available for cases in which a limited number of factual issues remain unresolved following settlement discussions in Appeals.
Appeals and the taxpayer will be bound by the arbitrator’s findings. The arbitration procedure uses the services of an arbitrator either from Appeals or from an outside organization.
Tax Audit Help – IRS Tax Audit – Use Fast Track Settlement to Help – Former IRS, Tax Audit Experts
