Mediation is becoming a buzzword in more than just civil and divorce litigation. The IRS has also joined in this trend with its IRS Revenue Procedure 2016-57, titled Fast Track Mediation-Collection.
How does the IRS evaluate whether deductions are reasonable?
A new ruling by the U.S. Tax Court might be of particular interest to small business owners.
IRS collection matters take on another component: Mediation
A new IRS mediation program applies to taxpayers in Connecticut and nationwide. It is called the Fast Track Mediation Collection program. With respect to IRS collection matters, the program may prove to be useful to taxpayers or it may be more of the same but with new packaging.
