Proposed Collection; Comment Request for Regulation Project, 39898-39899 [E7-14101]
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39898
Federal Register / Vol. 72, No. 139 / Friday, July 20, 2007 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[EE–43–92]
Proposed Collection: Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, EE–43–92 (TD
8619), Direct Rollovers and 20-Percent
Withholding Upon Eligible Rollover
Distributions From Qualified Plans
(§§ 1.401(a)(31)–1, 1.402(c)–2, 1.402(f)–
1, 1.403(b)–2, and 31.3405(c)–1.
DATES: Written comments should be
received on or before September 18,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, Room 6411, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
directed to Allan Hopkins, at (202) 622–
6665, or at Internal Revenue Service,
Room 6407, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the Internet, at
Allan.M.Hopkins@irs.gov.
mstockstill on PROD1PC66 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Direct Rollovers and 20-Percent
Withholding Upon Eligible Rollover
Distributions From Qualified Plans.
OMB Number: 1545–1341.
Regulation Project Number: EE–43–
92.
Abstract: This regulation implements
the provisions of the Unemployment
Compensation Amendments of 1992
(Pub. L. 102–318), which impose
mandatory 20 percent income tax
withholding upon the taxable portion of
certain distributions from a qualified
pension plan or a tax-sheltered annuity
that can be rolled over tax-free to
another eligible retirement plan unless
such amounts are transferred directly to
such other plan in a ‘‘direct rollover’’
transaction. These provisions also
require qualified pension plans and tax-
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Jkt 211001
sheltered annuities to offer their
participants the option to elect to make
‘‘direct rollovers’’ of their distributions
and to provide distributees with a
written explanation of the tax laws
regarding their distributions and their
option to elect such a rollover.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals, business
or other for-profit organizations, not-forprofit institutions, and Federal, state,
local or tribal governments.
Estimated Number of Respondents:
10,323,926.
Estimated Time per Respondent: 13
minutes.
Estimated Total Annual Burden
Hours: 2,129,669.
The following paragraph applies to all
of the collections of information covered
by this notice.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record.
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and (e) estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: July 6, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–14098 Filed 7–19–07; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS–52–88]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, PS–52–88 (TD
8455), Election to Expense Certain
Depreciable Business Assets. (§§ 1.179–
2, 1.179–3).
DATES: Written comments should be
received on or before September 18,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this regulation should be
directed to Allan Hopkins, (202) 622–
6665, or through the Internet
(Allan.M.Hopkins@irs.gov) Internal
Revenue Service, room 6516, 1111
Constitution Avenue NW., Washington,
DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Election to Expense Certain
Depreciable Business Assets.
OMB Number: 1545–1201.
Regulation Project Number: PS–52–88
Final.
Abstract: The regulations provide
rules on the election described in
Internal Revenue Code section 179(b)(4);
the apportionment of the dollar
limitation among component members
of a controlled group; and the proper
order for deducting the carryover of
disallowed deduction. The
recordkeeping and reporting
requirements are necessary to monitor
compliance with the section 179 rules.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, farms, and business or
other for-profit organizations.
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Federal Register / Vol. 72, No. 139 / Friday, July 20, 2007 / Notices
Estimated Number of Respondents:
20,000.
Estimated Time per Respondent: 45
min.
Estimated Total Annual Burden
Hours: 15,000 hours.
The following paragraph applies to all
of the collections of information covered
by this notice.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: June 6, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–14101 Filed 7–19–07; 8:45 am]
BILLING CODE 4830–01–P
public comments, ideas and suggestions
on improving customer service at the
Internal Revenue Service.
DATES: The meeting will be held
Monday, August 13, 2006.
FOR FURTHER INFORMATION CONTACT:
Audrey Y. Jenkins at 1–888–912–1227
(toll-free), or 718–488–2085 (non tollfree).
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Earned Income Tax
Credit Issue Committee will be held
Monday, August 13, 2007 from 10:30
a.m. to 11:30 a.m. ET via a telephone
conference call. For information contact
Audrey Y. Jenkins at 1–888–912–1227
or (718) 488–2085. The public is invited
to make oral comments. Individual
comments will be limited to five
minutes. Due to limited conference
lines, notification of intent to participate
in the telephone conference call meeting
must be made in advance to Audrey Y.
Jenkins at the phone numbers listed
above. Written comments may be
submitted to Audrey Y. Jenkins, TAP
Office, 10 MetroTech Center, 625 Fulton
Street, Brooklyn, NY 11201 or posted to
the Web site: https://www.improveirs.org.
The agenda will include various IRS
issues.
SUPPLEMENTARY INFORMATION:
Dated: July 16, 2007.
John Fay,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. E7–14089 Filed 7–19–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Assistance Center Committee of the
Taxpayer Advocacy Panel
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice.
AGENCY:
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Earned Income Tax
Credit (EITC) Issue Committee
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice.
mstockstill on PROD1PC66 with NOTICES
AGENCY:
SUMMARY: An open meeting of the
Taxpayer Advocacy Panel Earned
Income Tax Credit Issue Committee will
be conducted (via teleconference). The
Taxpayer Advocacy Panel is soliciting
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SUMMARY: An open meeting of the
Taxpayer Assistance Center Committee
of the Taxpayer Advocacy Panel will be
conducted (via teleconference). The
Taxpayer Advocacy Panel (TAP) is
soliciting public comments, ideas, and
suggestions on improving customer
service at the Internal Revenue Service.
DATES: The meeting will be held
Tuesday, August 7, 2007.
FOR FURTHER INFORMATION CONTACT:
Dave Coffman at 1–888–912–1227, or
206–220–6096.
PO 00000
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39899
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Assistance Center Committee of the
Taxpayer Advocacy Panel will be held
Tuesday, August 7, 2007 from 9 a.m.
Pacific Time to 10:30 a.m. Pacific Time
via a telephone conference call. Due to
limited conference lines, notification of
intent to participate in the telephone
conference call meeting must be made
with Dave Coffman. Mr. Coffman can be
reached at 1–888–912–1227 or 206–
220–6096. If you would like to have the
TAP consider a written statement,
please call Mr. Coffman at 1–888–912–
1227 or 206–220–6096 or write to Dave
Coffman, TAP Office, 915 2nd Avenue,
MS W–406, Seattle, WA 98174 or you
can contact us at https://
www.improveirs.org.
The agenda will include the
following: Various IRS issues.
SUPPLEMENTARY INFORMATION:
Dated: July 16, 2007.
John Fay,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. E7–14090 Filed 7–19–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
United States Mint
Notification of Citizens Coinage
Advisory Committee August 2007
Public Meeting
Summary: Pursuant to United States
Code, Title 31, section 5135(b)(8)(C), the
United States Mint announces the
Citizens Coinage Advisory Committee
(CCAC) public meeting and public
forum scheduled for August 10, 2007, at
the American Numismatic Association’s
World’s Fair of Money .
Date: August 10, 2007.
Time: 10 a.m. to 11:30 p.m. (Public
meeting followed by public forum).
Location: Midwest Airlines
Convention Center, 400 W. Wisconsin
Ave., Milwaukee, WI 53203.
Subject: Coin Designs, TBD.
Interested persons should call 202–
354–7502 for the latest update on
meeting time and room location.
Public Law 108–15 established the
CCAC to:
Advise the Secretary of the Treasury
on any theme or design proposals
relating to circulating coinage, bullion
coinage, Congressional Gold Medals,
and national and other medals.
Advise the Secretary of the Treasury
with regard to the events, persons, or
places to be commemorated by the
issuance of commemorative coins in
E:\FR\FM\20JYN1.SGM
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]]>Agencies
[Federal Register Volume 72, Number 139 (Friday, July 20, 2007)]
[Notices]
[Pages 39898-39899]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-14101]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS-52-88]
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an
existing final regulation, PS-52-88 (TD 8455), Election to Expense
Certain Depreciable Business Assets. (Sec. Sec. 1.179-2, 1.179-3).
DATES: Written comments should be received on or before September 18,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal
Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this regulation should be directed to Allan Hopkins, (202)
622-6665, or through the Internet (Allan.M.Hopkins@irs.gov) Internal
Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington,
DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Election to Expense Certain Depreciable Business Assets.
OMB Number: 1545-1201.
Regulation Project Number: PS-52-88 Final.
Abstract: The regulations provide rules on the election described
in Internal Revenue Code section 179(b)(4); the apportionment of the
dollar limitation among component members of a controlled group; and
the proper order for deducting the carryover of disallowed deduction.
The recordkeeping and reporting requirements are necessary to monitor
compliance with the section 179 rules.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, farms, and business or
other for-profit organizations.
[[Page 39899]]
Estimated Number of Respondents: 20,000.
Estimated Time per Respondent: 45 min.
Estimated Total Annual Burden Hours: 15,000 hours.
The following paragraph applies to all of the collections of
information covered by this notice.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: June 6, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7-14101 Filed 7-19-07; 8:45 am]
BILLING CODE 4830-01-P
