Exempt organizations audit process – Settlement procedures

 

Two IRS programs help resolve issues in examinations of exempt organizations expeditiously and efficiently.

Fast Track settlement

The Fast Track Settlement process enables the IRS and tax-exempt organizations to resolve unagreed examination issues at the earliest opportunity using alternative dispute resolution procedures.

Closing agreements

Tax liability issues may be resolved with finality through voluntary taxpayer-initiated closing agreements, where the issue is unrelated to an examination.