In a press release dated November 6, 2013, the IRS Small Business/Self Employed Division (“SB/SE”) announced the nationwide availability of the Fast Track Settlement (“FTS”) program. Fast track settlement is an alternative dispute resolution option for taxpayers in examination. It allows the taxpayer and IRS auditors to meet collectively to resolve a case without resort to a formal administrative review by IRS Appeals. The program has been effective for many taxpayers in the Large Business & International Division (“LB&I”), where it has been available for several years. Prior to this announcement, Fast Track Settlement was available to certain regions within the SB/SE division.