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Representation For Fast Track Settlement to succeed, both the taxpayer and those who have the authority to represent them and make a decision must be present. A taxpayer may use Form 2848, Power of
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What is fast track settlement?
Fast track settlement is a program administered by the IRS that provides an expedited resolution process for certain tax disputes.
Who is required to file for fast track settlement?
Taxpayers who have a specific tax issue in dispute with the IRS and meet the eligibility criteria may choose to file for fast track settlement.
How to fill out for fast track settlement?
To apply for fast track settlement, taxpayers need to complete and submit Form 14017, Application for Fast Track Settlement.
What is the purpose of fast track settlement?
The purpose of fast track settlement is to provide a quick and efficient resolution to tax disputes, helping taxpayers and the IRS avoid costly and time-consuming litigation.
What information must be reported on fast track settlement?
Taxpayers filing for fast track settlement must provide relevant documentation, including supporting evidence, financial records, and any other information related to the tax issue in dispute.
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