The typical timeline of a correspondence examination is explained.

Part 3 of a three-part phone forum series. Sometimes when I call, I spend a long time on hold or listening to a recorded message. Why is it so difficult to get to the person...

IRS representatives from both the Appeals and Small Business Examination divisions explain the benefits of using the FTS process for tax professionals.

Part 1 provides information about the American Reinvestment and Recovery Act of 2009 or ARRA, including the change to the health benefit provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985, known as COBRA.

Part 2  has information about new legislation that allows the IRS to enter into installment agreements that result in full or partial payment of the tax liability.

Part 3 provides information about the Offer In Compromise, or OIC, program.  An OIC is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax debt for less than the full amount owed.

Retirement Plans Determination Letter Program Phone Forum: Discussed the status of the new determination letter program, the types of "reliance" available to preapproved plans, with or without a determination letter, tips on completing the new Form 5307, along with ways to avoid common mistakes to make the process go more smoothly.

SBREFA is a law that ensures that federal regulatory agencies consider the effect of their regulations on small businesses.  All federal agencies, including the IRS, must comply with SBREFA.  The Small Business Administration (SBA) administers SBREFA and serves as a liaison between small business owners and federal agencies.