Proposed Collection; Comment Request for Regulation Project, 7630 [E8-2313]

Download as PDF pwalker on PROD1PC71 with NOTICES 7630 Federal Register / Vol. 73, No. 27 / Friday, February 8, 2008 / Notices Title: Low Sulfur Diesel Fuel Production Credit. OMB Number: 1545–1914. Form Number: 8896. Abstract: IRC section 45H allows small business refiners to claim a credit for the production of low sulfur diesel fuel. The American Jobs Creation Act of 2004 section 399 brought it into existence. Form 8896 will allow taxpayers to use a standardized format to claim this credit. Current Actions: 14 lines and 1 attachment have been deleted, while 5 code references have been added. Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 66. Estimated Time per Respondent: 4 hours, 44 minutes. Estimated Total Annual Burden Hours: 131. 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: February 1, 2008. Allan Hopkins, IRS Reports Clearance Officer. [FR Doc. E8–2312 Filed 2–7–08; 8:45 am] BILLING CODE 4830–01–P VerDate Aug<31>2005 17:11 Feb 07, 2008 Jkt 214001 DEPARTMENT OF THE TREASURY Internal Revenue Service [REG–120168–97] 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, REG–120168– 97 (TD 8798), Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility. DATES: Written comments should be received on or before April 8, 2008 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests copies of the regulation should be directed to Allan Hopkins, at (202) 622–6665, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the internet, at Allan.M.Hopkins@ors.gov. Title: Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility. OMB Number: 1545–1570. Regulation Project Number: REG– 120168–97. Abstract: Income tax return preparers who satisfy the due diligence requirements in this regulation will avoid the imposition of the penalty section 6695(g) of the Internal Revenue Code for returns or claims for refund due after December 31, 1997. The due diligence requirements include soliciting the information necessary to determine a taxpayer’s eligibility for, and amount of, the Earned Income Tax Credit and the retention of this information. Current Actions: There are no changes being made to this existing regulation. Type of Review: Extension of a currently approved collection. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00125 Fmt 4703 Sfmt 4703 Affected Public: Business or other forprofit. Estimated Number of Respondents: 100,000. Estimated Time per Respondent: 5 hours, 4 minutes. Estimated Total Annual Burden Hours: 507,136. 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: January 29, 2008. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E8–2313 Filed 2–7–08; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Season for Membership to the Electronic Tax Administration Advisory Committee (ETAAC) Internal Revenue Service (IRS), Treasury. ACTION: Notice. AGENCY: SUMMARY: The Electronic Tax Administration Advisory Committee (ETAAC) was established to provide continued input into the development and implementation of the Internal Revenue Service (IRS) strategy for E:\FR\FM\08FEN1.SGM 08FEN1

Agencies

[Federal Register Volume 73, Number 27 (Friday, February 8, 2008)]
[Notices]
[Page 7630]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-2313]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[REG-120168-97]


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, REG-120168-97 (TD 8798), Preparer Due 
Diligence Requirements for Determining Earned Income Credit 
Eligibility.

DATES: Written comments should be received on or before April 8, 2008 
to be assured of consideration.

ADDRESSES: Direct all written comments to Glenn Kirkland, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests copies of the regulation 
should be directed to Allan Hopkins, at (202) 622-6665, or at Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224, or through the internet, at Allan.M.Hopkins@ors.gov.

SUPPLEMENTARY INFORMATION: Title: Preparer Due Diligence Requirements 
for Determining Earned Income Credit Eligibility.
    OMB Number: 1545-1570.
    Regulation Project Number: REG-120168-97.
    Abstract: Income tax return preparers who satisfy the due diligence 
requirements in this regulation will avoid the imposition of the 
penalty section 6695(g) of the Internal Revenue Code for returns or 
claims for refund due after December 31, 1997. The due diligence 
requirements include soliciting the information necessary to determine 
a taxpayer's eligibility for, and amount of, the Earned Income Tax 
Credit and the retention of this information.
    Current Actions: There are no changes being made to this existing 
regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 100,000.
    Estimated Time per Respondent: 5 hours, 4 minutes.
    Estimated Total Annual Burden Hours: 507,136.
    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: January 29, 2008.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-2313 Filed 2-7-08; 8:45 am]
BILLING CODE 4830-01-P
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