The IRS Small Business/Self Employed (SB/SE) division formally
established a Fast Track Settlement (FTS) program to provide an
expedited issues resolution procedure for certain small business
taxpayers.
FTS was originally implemented as part of the IRS Large Business
and International (LB&I) division in 2003 as a way for
taxpayers in examination or collections to resolve certain disputes
with the assistance of the IRS Appeals division, before the issues
must be formally appealed to the Appeals division. The Appeals
employee would assist in settling the matter between the IRS and
the taxpayer.
In 2011, the IRS announced a pilot program for FTS that would
apply to SB/SE taxpayers. Rev. Proc. 2017-25 formalizes the pilot program
with some changes, and provides that the FTS program is available
nationwide.
