Submission for OMB Review; Comment Request, 17987-17988 [E7-6744]
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Federal Register / Vol. 72, No. 68 / Tuesday, April 10, 2007 / Notices
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7–6482 Filed 4–9–07; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
April 2, 2007.
cprice-sewell on PROD1PC66 with NOTICES
The Department of Treasury has
submitted the following public
information collection requirement(s) to
OMB for review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13. Copies of the
submission(s) may be obtained by
calling the Treasury Bureau Clearance
Officer listed. Comments regarding this
information collection should be
addressed to the OMB reviewer listed
and to the Treasury Department
Clearance Officer, Department of the
Treasury, Room 11000, 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
Dates: Written comments should be
received on or before May 10, 2007 to
be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–0990.
Type of Review: Revision.
Title: Form 8610, Annual Low-Income
Housing Credit Agencies Report,
Schedule A (Form 8610), Carryover
Allocation of Low-Income Housing
Credit.
Form: 8610.
Description: State housing agencies
file Form 8610 to transmit copies of
Form 8609, Schedule(s) A (Form 8610),
and binding agreements and election
statements to the IRS. The Agencies use
Schedule A (Form 8610) to report
certain information contained in
carryover allocation documents to the
IRS.
Respondents: State, local, or tribal
governments.
Estimated Total Burden Hours: 5,599
hours.
OMB Number: 1545–1714.
Type of Review: Extension.
Title: Tip Reporting Alternative
Commitment (TRAC) for most
industries.
Description: Information is required
by the Internal Revenue Service in its
tax compliance efforts to assist
employers and their employees in
understanding and complying with
section 6053(a), which requires
employees to report all their tips
monthly to their employers.
VerDate Aug<31>2005
15:22 Apr 09, 2007
Jkt 211001
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 4,877
hours.
OMB Number: 1545–0004.
Type of Review: Revision.
Title: Determination of Worker Status
for Purposes of Federal Employment
Taxes and Income Tax Withholding.
Form: 2587.
Description: Form SS–8 is used by
employers and workers to furnish
information to IRS in order to obtain a
determination as to whether a worker is
an employee for purposes of Federal
employment taxes and income tax
withholding. IRS uses this information
to make the determination.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
101,464 hours.
OMB Number: 1545–1717.
Type of Review: Extension.
Title: Tip Rate Determination
Agreement (TRDA) for Most Industries.
Description: Information is required
by the Internal Revenue Service in its
tax compliance efforts to assist
employers and their employees in
understanding and complying with
section 6053(a), which requires
employees to report all their tips
monthly to their employers.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 1,897
hours.
OMB Number: 1545–1588.
Type of Review: Extension.
Title: REG–209682–94 (Final)
Adjustments Following Sales of
Partnership Interests.
Description: Partnerships, with a
section 754 election in effect, are
required to adjust the basis of
partnership property following certain
transfers of partnership interests. The
regulations require the partnership to
attach a statement to its partnership
return indicating the adjustment and
how it was allocated among the
partnership property.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
904,000 hours.
OMB Number: 1545–1529.
Type of Review: Extension.
Title: Tip Reporting Alternative
Commitment (Hairstyling Industry).
Description: Information is required
by the Internal Revenue Service in its
compliance efforts to assist employers
and their employees in understanding
and complying with section 6053(a),
which requires employees to report all
their tips monthly to their employers.
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17987
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 43,073
hours.
OMB Number: 1545–0057.
Type of Review: Extension.
Title: Application for Recognition of
Exemption Under Section 501(a).
Form: 1024.
Description: Organizations seeking
exemption from Federal income tax
under Internal Revenue Code section
501(a) as an organization described in
most paragraphs of section 501(c) must
use Form 1024 to apply for exemption.
The information collected is used to
determine whether the organization
qualifies for tax-exempt status.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
291,542 hours.
OMB Number: 1545–1572.
Type of Review: Extension.
Title: REG–120200–97 (Final) Election
Not to Apply Look-Back Methods in De
Minimis Cases.
Description: The regulations provides
rules for electing the benefits of section
460(b)(6) regarding not applying lookback methods to long-term contracts in
de minimis cases.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 4,000
hours.
OMB Number: 1545–1870.
Type of Review: Extension.
Title: REG–125638–01 (Final)
Guidance Regarding Deduction and
Capitalization of Expenditures.
Description: The information required
to be retained by taxpayers will
constitute sufficient documentation for
purposes of substantiating a deduction.
The information will be used by the
agency on audit to determine the
taxpayer’s entitlement to a deduction.
The respondents include taxpayers who
engage in certain transactions involving
the acquisition of a trade or business or
an ownership interest in a legal entity.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 3,000
hours.
OMB Number: 1545–2036.
Type of Review: Extension.
Title: Taxation and Reporting of REIT
Excess Inclusion Income.
Description: The notice requires
certain REITs, partnerships and other
entities that have excess inclusion
income to disclose the amount and
character of such income allocable to
their record interest owners. The record
interest owners need the information to
properly report and pay taxes on such
income.
E:\FR\FM\10APN1.SGM
10APN1
17988
Federal Register / Vol. 72, No. 68 / Tuesday, April 10, 2007 / Notices
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 100
hours.
OMB Number: 1545–0582.
Type of Review: Revision.
Title: Corporation Application for
Tentative Refund.
Form: 1139.
Description: Form 1139 is filed by
corporations that expect to have a net
operating loss, net capital loss, or
unused general business credits carried
back to a prior tax year. IRS uses Form
1139 to determine if the amount of the
loss or unused credits is proper.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
132,750 hours.
Clearance Officer: Glenn P. Kirkland,
(202) 622–3428, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
OMB Reviewer: Alexander T. Hunt,
(202) 395–7316, Office of Management
and Budget, Room 10235, New
Executive Office Building, Washington,
DC 20503.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7–6744 Filed 4–9–07; 8:45 am]
cprice-sewell on PROD1PC66 with NOTICES
BILLING CODE 4830–01–P
VerDate Aug<31>2005
15:22 Apr 09, 2007
Jkt 211001
DEPARTMENT OF VETERANS
AFFAIRS
Research Advisory Committee on Gulf
War Veterans’ Illnesses; Notice of
Meeting
The Department of Veterans Affairs
(VA) gives notice under Public Law 92–
463 (Federal Advisory Committee Act)
that the Research Advisory Committee
on Gulf War Veterans’ Illnesses will
meet on April 24–25, 2007, in room 230
at the Department of Veterans Affairs,
810 Vermont Avenue, NW.,
Washington, DC. The meeting will be
open to the public and it will start at 8
a.m. each day. The meeting will adjourn
at 5 p.m. on April 24 and at 3 p.m. on
April 25.
The purpose of the Committee is to
provide advice and make
recommendations to the Secretary of
Veterans Affairs on proposed research
studies, research plans and research
strategies relating to the health
consequences of military service in the
Southwest Asia theater of operations
during the Gulf War.
The Committee will review VA
program activities relating to Gulf War
veterans’ illnesses and updates on
relevant scientific research published
since the last Committee meeting.
Additionally, there will be presentations
and discussion of background
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information on the Gulf War and Gulf
War veterans’ illnesses, mechanisms
potentially underlying chronic
symptoms affecting Gulf War veterans,
and discussion of Committee business
and activities. The Committee will also
discuss the recommendations to be
included in its 2007 report.
The meeting will include time
reserved for public comments. A signup sheet for five-minute comments will
be available at the meeting. Individuals
who speak are invited to submit a 1–2
page summary of their comments at the
time of the meeting for inclusion in the
official meeting record. Members of the
public may also submit written
statements for the Committee’s review
to Dr. Lea Steele, RAC–Gulf War
Veterans’ Illnesses (T–GW), U.S.
Department of Veterans Affairs, 2200
SW. Gage Blvd., Topeka, KS 66622.
Any member of the public seeking
additional information should contact
Dr. William Goldberg, Designated
Federal Officer, at (202) 254–0294, or
Dr. Steele, Scientific Director, at (785)
350–3111, ext. 54617.
Dated: April 3, 2007.
By Direction of the Secretary.
E. Philip Riggin,
Committee Management Officer.
[FR Doc. 07–1752 Filed 4–9–07; 8:45 am]
BILLING CODE 8320–01–M
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]]>Agencies
[Federal Register Volume 72, Number 68 (Tuesday, April 10, 2007)]
[Notices]
[Pages 17987-17988]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-6744]
=======================================================================
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
April 2, 2007.
The Department of Treasury has submitted the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of
the submission(s) may be obtained by calling the Treasury Bureau
Clearance Officer listed. Comments regarding this information
collection should be addressed to the OMB reviewer listed and to the
Treasury Department Clearance Officer, Department of the Treasury, Room
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
Dates: Written comments should be received on or before May 10,
2007 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-0990.
Type of Review: Revision.
Title: Form 8610, Annual Low-Income Housing Credit Agencies Report,
Schedule A (Form 8610), Carryover Allocation of Low-Income Housing
Credit.
Form: 8610.
Description: State housing agencies file Form 8610 to transmit
copies of Form 8609, Schedule(s) A (Form 8610), and binding agreements
and election statements to the IRS. The Agencies use Schedule A (Form
8610) to report certain information contained in carryover allocation
documents to the IRS.
Respondents: State, local, or tribal governments.
Estimated Total Burden Hours: 5,599 hours.
OMB Number: 1545-1714.
Type of Review: Extension.
Title: Tip Reporting Alternative Commitment (TRAC) for most
industries.
Description: Information is required by the Internal Revenue
Service in its tax compliance efforts to assist employers and their
employees in understanding and complying with section 6053(a), which
requires employees to report all their tips monthly to their employers.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 4,877 hours.
OMB Number: 1545-0004.
Type of Review: Revision.
Title: Determination of Worker Status for Purposes of Federal
Employment Taxes and Income Tax Withholding.
Form: 2587.
Description: Form SS-8 is used by employers and workers to furnish
information to IRS in order to obtain a determination as to whether a
worker is an employee for purposes of Federal employment taxes and
income tax withholding. IRS uses this information to make the
determination.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 101,464 hours.
OMB Number: 1545-1717.
Type of Review: Extension.
Title: Tip Rate Determination Agreement (TRDA) for Most Industries.
Description: Information is required by the Internal Revenue
Service in its tax compliance efforts to assist employers and their
employees in understanding and complying with section 6053(a), which
requires employees to report all their tips monthly to their employers.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,897 hours.
OMB Number: 1545-1588.
Type of Review: Extension.
Title: REG-209682-94 (Final) Adjustments Following Sales of
Partnership Interests.
Description: Partnerships, with a section 754 election in effect,
are required to adjust the basis of partnership property following
certain transfers of partnership interests. The regulations require the
partnership to attach a statement to its partnership return indicating
the adjustment and how it was allocated among the partnership property.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 904,000 hours.
OMB Number: 1545-1529.
Type of Review: Extension.
Title: Tip Reporting Alternative Commitment (Hairstyling Industry).
Description: Information is required by the Internal Revenue
Service in its compliance efforts to assist employers and their
employees in understanding and complying with section 6053(a), which
requires employees to report all their tips monthly to their employers.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 43,073 hours.
OMB Number: 1545-0057.
Type of Review: Extension.
Title: Application for Recognition of Exemption Under Section
501(a).
Form: 1024.
Description: Organizations seeking exemption from Federal income
tax under Internal Revenue Code section 501(a) as an organization
described in most paragraphs of section 501(c) must use Form 1024 to
apply for exemption. The information collected is used to determine
whether the organization qualifies for tax-exempt status.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 291,542 hours.
OMB Number: 1545-1572.
Type of Review: Extension.
Title: REG-120200-97 (Final) Election Not to Apply Look-Back
Methods in De Minimis Cases.
Description: The regulations provides rules for electing the
benefits of section 460(b)(6) regarding not applying look-back methods
to long-term contracts in de minimis cases.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 4,000 hours.
OMB Number: 1545-1870.
Type of Review: Extension.
Title: REG-125638-01 (Final) Guidance Regarding Deduction and
Capitalization of Expenditures.
Description: The information required to be retained by taxpayers
will constitute sufficient documentation for purposes of substantiating
a deduction. The information will be used by the agency on audit to
determine the taxpayer's entitlement to a deduction. The respondents
include taxpayers who engage in certain transactions involving the
acquisition of a trade or business or an ownership interest in a legal
entity.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 3,000 hours.
OMB Number: 1545-2036.
Type of Review: Extension.
Title: Taxation and Reporting of REIT Excess Inclusion Income.
Description: The notice requires certain REITs, partnerships and
other entities that have excess inclusion income to disclose the amount
and character of such income allocable to their record interest owners.
The record interest owners need the information to properly report and
pay taxes on such income.
[[Page 17988]]
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 100 hours.
OMB Number: 1545-0582.
Type of Review: Revision.
Title: Corporation Application for Tentative Refund.
Form: 1139.
Description: Form 1139 is filed by corporations that expect to have
a net operating loss, net capital loss, or unused general business
credits carried back to a prior tax year. IRS uses Form 1139 to
determine if the amount of the loss or unused credits is proper.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 132,750 hours.
Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
OMB Reviewer: Alexander T. Hunt, (202) 395-7316, Office of
Management and Budget, Room 10235, New Executive Office Building,
Washington, DC 20503.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7-6744 Filed 4-9-07; 8:45 am]
BILLING CODE 4830-01-P
