TEB - Resolution of Noncompliance

During an exam, it might be determined that the bonds are not in compliance with applicable tax laws. When this occurs, try to resolve the issue.

The goal of the resolution phase of the examination is to reach agreement, if possible, on the tax or compliance treatment of each issue examined and, if necessary, to issue a Revenue Agent Report (RAR) to, or enter into a closing agreement with, the taxpayer. The examiner should consider Alternative Dispute Resolutions such as Fast Track Settlement where appropriate.