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IRS Fast Track Settlement Program Expanded,
by Leroy Baker, Tax-News.com, New York
Monday, December 17, 2007
The US Internal Revenue Service has announced that it is expanding the number
of test areas for the Fast Track Settlement program for taxpayers under examination
by the Small Business/Self-Employed Division.
The settlement program is now available for small businesses and self-employed
taxpayers until September 5, 2008 in five new areas, including Philadelphia,
Central New Jersey, San Diego, Laguna Nigel, Calif., and Riverside, Calif.
The Fast Track program is continuing in the three original test cities of Chicago,
Houston and St. Paul.
The Small Business/Self-Employed Division Fast Track Settlement program was
originally launched in September 2006. The program is a jointly administered
process designed to expedite case resolution. Under Fast Track, taxpayers under
examination with issues in dispute work with IRS representatives from SBSE’s
examination unit and the Appeals Division to resolve those issues.
Fast Track employs various techniques to facilitate case resolution. A taxpayer
or IRS examination representative may initiate the Fast Track process after
an issue is fully developed, and preferably before a 30-day letter is issued.
The Fast Track process is designed to be completed within 60 days of acceptance
of the application.
Taxpayers retain the right to request their issue be addressed through the
traditional appeals process if Fast Track fails to yield a resolution.
Examination and Appeals officials will re-evaluate the Fast Track program after
this test phase is completed on September 5, 2008. The IRS has stated that this phase will help to determine
whether Fast Track should be adjusted, expanded to more areas or made available nationwide.
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