Basically, the Fast Track program involves the use of a mediator to help you reach an agreement on disputed issues with the IRS. The program works through the use of a mediator who will work with you and the IRS to broker discussions and possible resolutions between you and the IRS. As an alternative dispute resolution mechanism, mediation is an entirely voluntary process that supports dialogue between the parties. A party to mediation can leave the process at any time and retains their right to appeal the underlying dispute. Unlike an arbitrator, a mediator does not craft a judgment in favor of one party or the other but instead helps both parties find a satisfying means of resolving the dispute.
An application is required for the Fast Track program. You may find the program beneficial in the following instances:
Mediation is more often successful when parties at the table have a genuine interest and stake in dispute resolution. The drive behind a mediated issue is not “winning,” but understanding that the position of each party must be represented in a potential resolution.
If you are involved in an IRS audit and dispute the findings of that audit, speak with an experienced tax attorney for help understanding your options. Your attorney can help you with mediation through the Fast Track program.
The tax group at Robert J. Fedor, Esq., LLC helps you respond strategically to questions about taxes, failure to file tax returns, or your FBAR report. We serve local and international clients from offices in Chicago and Cleveland. Call 800-579-0997 or reach out to us today.