FTS

(redirected from Fast Track Settlement)
AcronymDefinition
FTSFree to Speak
FTSFujitsu Technology Solutions (est. 1999)
FTSFailure to Stop
FTSFight to Survive (gaming)
FTSFast Track Service (various organizations)
FTSFourier Transform Spectrometer
FTSFull-Text Search (filename extension)
FTSFull Table Scan (computing)
FTSFederal Technology Service
FTSFinancial and Technical Support (various organizations)
FTSFast Tool Servo (system)
FTSFees for Technical Services (tax; India)
FTSFault Tolerance Service
FTSFlip the Script
FTSFlight Test Squadron (US Air Force)
FTSFuel Tank Safety (aviation)
FTSFull Text Search
FTSFile Transfer System
FTSFault Tolerance Server
FTSFile Transfer Service
FTSFavourite Track Selection
FTSFile Transfer Software
FTSFast Track Server
FTSFile Transfer Support
FTSFast Track Schedule
FTSFirst Trimester Screening (pregnancy)
FTSFast Track Settlement
FTSFourier Transform Spectroscopy
FTSFederal Tariff Service (Russia)
FTSFlying Training Squadron (USAF)
FTSFoundation for Tomorrow's Schools (Montana)
FTSFull-Time Support
FTSFlight Termination System
FTSFinancial Tracking System
FTSFederal Telecommunications System
FTSFault Tolerant System
FTSFire Training School (various locations)
FTSForce Transfer System (Mavic)
FTSFlight Test System (US NASA)
FTSFull Time Student
FTSFederal Telecommunications Service
FTSFixing To Start
FTSFresh Tilled Soil (Waltham, MA)
FTSFederal Telephone System
FTSFlight Test Station
FTSForeign Tire Sales (Union, NJ)
FTSField Trial Secretary (various meanings)
FTSFrance Transmission Service (France)
FTSForeign Trade Statistics
FTSFreedom Team Salute (US Army recognition program)
FTSFile Tracking System
FTSFederal Customs Service (Russian)
FTSFaculty Technology Services (various schools)
FTSFacteur Thymique Sérique (Serum Thymic Factor)
FTSFujitsu Transaction Solutions (Fujitsu Ltd.)
FTSForest Technology Systems, Ltd
FTSFirst Tier Suburbs (National League of Cities)
FTSFiber Transport System
FTSForensic Treatment Services (Pennsylvania)
FTSFine Track Sensor (US Air Force)
FTSFull-Time Status
FTSFormulation et Traitement des Surfaces (French: Formulation and Treatment of Surfaces)
FTSFunds Transfer Service (banking)
FTSFoundation for Traffic Safety (AAA)
FTSFrequency and Timing Subsystem
FTSFrequency and Time Systems
FTSFight the System
FTSField Training Services
FTSFacing Target Sputtering
FTSFull Tank Shot (aquarium hobbyist photos)
FTSFuji Techno-Service (Japan)
FTSFirearms Tracing System (ATF)
FTSFuel Temperature Sensor
FTSFellow of the Australian Academy of Technological Sciences and Engineering
FTSFuture Technology Systems (various locations)
FTSFuel Transfer System
FTSField Test Set
FTSField Technical Specialist (automotive)
FTSForget the System (polite form)
FTSFlight Training Supplement
FTSFellow of the Tourism Society (UK)
FTSField Training Supervisor (law enforcement)
FTSFluid Therapy System
FTSFinancial Transaction Switch
FTSFrequency Time Standard
FTSFederation Test System
FTSFloppy Tail Syndrome (geckos)
FTSFixed Terminal System (RR network communication)
FTSFollow the Sun, Inc (Albuquerque, New Mexico)
FTSFinancial Technical Services
FTSFirst Time Sewerage (civil engineering)
FTSFleet Truck Sales (West Haven, Utah)
FTSFiber Transmission System (Alcatel)
FTSFilm Transport Speed
FTSFlexible Turret System
FTSFlight Telerobotic System
FTSField Transfer System
FTSFers Toutes Sections (Villeneuve, France)
FTSFormosa Travel Service
FTSForward Training Site
FTSFlight Telerobotic Service
FTSFrench Titanic Society
FTSFICS Testing Server
FTSFile Transfer Service/System
FTSForget This/That Stuff (polite form)
FTSFlight Termination Subsystem
FTSField Termination Center
FTSFriendship Through Sports
FTSFiber-Optic Test Set
FTSFiscal Transparency Seminar (IMF)
FTSFlying Tippler Society of the USA (est. 1987)
FTSFoundation for Theosophical Studies (UK)
FTSFuel Treatment Service
FTSFree Trade Syndicate (gaming alliance)
FTSFlyer Training School (Royal Air Force)
FTSFeature Tracking System
References in periodicals archive ?
The TEGE pilot of its fast track settlement initiative will run for two years.
In 2008, the IRS announced a pilot program to extend fast track settlement to TE/GE cases to expedite case resolution within TE/GE, i.e., while a case is still at the examination level.
Though it has been available on a limited basis to SB/SE and TE/GE taxpayers (see Announcements 2008-110 and 2008-105, respectively), the fast track settlement (FTS) ADR program is intended primarily for taxpayers that fall in the LB&I Division (Rev.
The Appeals Division offers fast track settlement as an approach to settle issues from examination.
If they cannot agree, Fast Track Settlement will be available to the taxpayer; see IR 2003-44.
Fast Track occurs before issuance of the 30-day letter, which means that "hot interest" will not apply to any deficiency that comes out of the Fast Track settlement. (22) The parties agree to seek a resolution within 120 days, and this compressed time frame conserves resources relative to more open-ended processes.
Under Fast Track Settlement (FTS), Appeals may use its settlement authority to achieve a mutually acceptable agreement by the parties.
We have been invited by taxpayers and LMSB to use the Fast Track Settlement (FTS) tool to help resolve such disputes, allowing the return to be filed with agreement.
Some of the new tools, such as Fast Track Settlement, however, may make taxpayers uncomfortable.
TEI pointed to the trust, openness, and communication between taxpayers and the IRS fostered through the Joint Audit Planning Process developed jointly by TEI and LMSB, and highlighted several other programs LMSB has developed to improve currency by resolving disputes earlier, such as Limited Issue Focused Examination, Pre-Filing Agreements, Fast Track Settlement, and, most recently, the Compliance Assurance Process pilot program.
This percentage holds true for traditional Appeals, Fast Track Settlement, and Post-Appeals Mediation.
She noted that the LMSB's fast track settlement procedure--which has been used in 297 cases--has reduced the average time a takes to resolve a case from 700 to 78 days.