Very few taxpayers are aware that IRS offers fast-track mediation for those who want to get their tax audit behind them. The truth be told fast track mediation is known mostly in the professional community and the professional ranks.
The IRS has set this IRS audit help fast-track mediation to help taxpayers deal with their tax audit issues.
What is unique about this program is that it provides an independent appeals review of the dispute in an environment where all parties get to voice their differences in a dispute resolution forum.
This process is not binding, it just allows for a third-party to hear both sides and make recommendations.
Most tax professional to use this IRS audit help technique, Fast Track Mediation to understand the IRS position. This technique can be used to evaluate both your position and the position of the Internal Revenue Service because as a general rule all cards are laid at the table. Also for those taxpayers that may move forward to tax court it is easier to evaluate the hazards of litigation.
Should you have any questions regarding this process or how it can help you contact us today for a free initial tax consultation
Here’s how the process works
The joint Large Business and International (LB&I) Division/Appeals Fast Track Settlement program (FTS) offers a customer-driven approach to resolving tax disputes at the earliest possible stage in the examination process.
This program is designed to:
- Provide an independent Appeals review of the dispute in an environment where all parties to the dispute have a “voice” in the dispute resolution process,
- Utilize the mediation skills and delegated settlement authority of Appeals, and
- Reduce the length of a taxpayer’s overall IRS experience.
Applying
Applying for Fast Track Settlement is quick and easy – simply complete a one-page application. A formal written protest is not required.
Once the case is accepted into the FTS program, an Appeals official will serve as a facilitator to arrive at and execute a resolution or settlement that is mutually agreeable to all parties.
The form 14017 is used for FTM. It can be found on our website.
IRS Tax Audit Help – Try Fast Track Mediation, it can really HELP YOU