Insight

IRS Fast Track Settlement Program Guidance a Boon for Taxpayers

Articles

Counsel Stephen Josey and Associate Brie Barry examined the IRS Fast Track Settlement (FTS) program, highlighting its growing use as a faster and more effective way for taxpayers to resolve disputes with the IRS. They noted that participation in the program increased significantly in fiscal year 2025, with most cases resulting in settlements and resolutions reached in an average of just 101 days.

Josey and Barry also discussed recent IRS Chief Counsel guidance stating that statements made during FTS discussions generally are protected from disclosure in future Appeals proceedings or litigation. They said the guidance addresses a key concern for taxpayers and could encourage broader participation in the program.


This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.

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