The IRS has recently replaced its 16 year old mediation program with a new and improved Fast Track Mediation-Collection (FTMC) program. The program is directed at resolving certain collection cases and issues which include offer-in-compromise (OIC) and trust fund recovery penalty (TFRP) cases on an expedited basis. The mediation will be presided over by a neutral mediator assigned by the Office of Appeals.
FTMC may be used only when all other collection issues are resolved but for the issue(s) for which FTMC is being requested. The issue must be fully developed with clearly defined positions by both parties, which must be summarized in writing, so the un-agreed issues can be resolved quickly, usually within 30 or 40 calendar days. Participation in FTMC is optional for both Collection and the taxpayer.
FTMC is generally appropriate for:
• Legal and factual issues,
• Certain OIC cases or issues, and
• Certain TFRP cases or issues
All other issues should be closely scrutinized to determine the eligibility to utilize this program.
A request to participate in FTMC must include a Form 13369, Agreement to Mediate, signed by parties, and both parties' written summaries of their positions. After approval the taxpayer will be contacted for a pre-mediation conference and will progress from there. If denied there are unfortunately no appeals and the decision is final.
Due to the complexities involved with this expedited mediation program it is best to consult a professional.