nDash.com is a content creation platform that provides brands and agencies with access to the world's top freelance writers.
Fast Track Settlement (FTS) - Tax Audit/Examination process.
The Fast Track Settlement (FTS) is designed to help small businesses and self-employed individuals who are under examination (audit) by the Small Business/Self Employed (SB/SE) Division of the IRS. FTS uses alternative dispute resolution techniques to help taxpayers save time and avoid a formal administrative appeal or lengthy litigation. Here we discuss more about the Fast Tract Settlement in context of the tax audit/examination process.