Early referral, fast track mediation, and fast track settlement are the most common forms of pre-Appeals ADR programs.
What does FTS stand for?
FTS stands for Fast Track Settlement
This definition appears very rarely and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of FTS
We have 251 other meanings of FTS in our Acronym Attic
- Flow Through Rapid Test (trademark of Euro-Diagnostica)
- Failure to Return to Battery (guns)
- Formal Techniques for Real Time and Fault-Tolerant Systems (conference)
- Failure To Return To Work
- Facing Target Sputtering
- Facteur Thymique Sérique (Serum Thymic Factor)
- Faculty Technology Services (various schools)
- Failure to Stop
- Fast Tool Servo (system)
- Fast Track Service (various organizations)
Samples in periodicals archive:
A report in Egyptian daily newspaper AaeAl AhramAAE said that the fast track settlement committee could achieve a resolution of the Damac and other cases in a matter of days.
Wilson moderated the discussion, whose participants included: * Tony Shabazz, IRS San Jose Territory Manager, LB&I * Nanette Hamilton, Technical Advisor Manager, LB&I * Nancy Bronson, IRS San Francisco Territory Manager, LB&I * Barbara Leonard, IRS Area Counsel, LB&I * Don Focht, IRS San Francisco Territory Manager, LB&I [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Among the topics covered during the meeting were the following: International Realignment (Large Business & International); Quality Examinations Achieved Through Effective Planning, Execution and Resolution; Alternative Dispute Resolution Processes (ADR), including Fast Track Settlement, Pre-Filing Agreements, and tile Compliance Assurance Process (CAP) program; and Uncertain Tax Positions.
As a result of the confidential agreement, achieved through the IRS' fast track settlement program, Duquesne will make additional cash payments for the tax years 1994 through 2002 of approximately $84 million, net of the tax benefit associated with the interest due.
In Announcement 2008-105, the IRS extended the fast track settlement program to certain exempt entities and government entities.
Fast Track Settlement for Tiered Issues Fast Track is available to resolve tiered issues, if the taxpayer, examination team, IMT coordinator, and Fast Track coordinator all agree.
2006-61, the IRS provided guidelines to extend the Fast Track Settlement (FTS) program to small business and self-employed taxpayers.
We have been invited by taxpayers and LMSB to use the Fast Track Settlement (FTS) tool to help resolve such disputes, allowing the return to be filed with agreement.