Fast Track Settlement program established for small business and self-employed taxpayers
In a Revenue Procedure, the IRS has formally created the Small Business/Self Employed (SB/SE) Fast Track Settlement program to provide an expedited format for resolving disputes with SB/SE taxpayers. It can be used to resolve both factual and legal issues, and may be initiated at any time after an issue is fully developed. One of the goals of the program is that the entire process be completed within 60 days after acceptance into the program. (Rev. Proc. 2017-25)