Taxpayers involved in a tax dispute with the IRS may want to consider mediation. Also known as “alternative dispute resolution,” mediation can help taxpayers resolve issues quickly and with less hassle. The process is voluntary and nonbinding on both parties, not requiring either party to relinquish control. It offers a chance to avoid lengthy appeals and costly litigation. Taxpayers for whom mediation is a good option include those who don’t have many disputed issues or who are seeking an early resolution to issues under audit. Mediation doesn’t replace the audit or collection process and doesn’t allow taxpayers to present new information. Here’s more from the IRS: https://bit.ly/3RA7mea. Contact the Cg Team with questions. © 2024
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