Saturday, December 15, 2007

IRS Fast Track Settlement Program Expands

IRS Collections
WASHINGTON — The Internal Revenue Service today announced 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 Sept. 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 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. READ ON->

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