Proposed Collection; Comment Request for Revenue Procedure 99-26, 42655 [E8-16647]
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Federal Register / Vol. 73, No. 141 / Tuesday, July 22, 2008 / Notices
at Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
3634, or through the internet at
RJoseph.Durbala@irs.gov.
Approved: July 15, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–16646 Filed 7–21–08; 8:45 am]
BILLING CODE 4830–01–P
sroberts on PROD1PC70 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Heavy Highway Vehicle Use
Tax Return.
Abstract: Forms 2290, 2290–SP,
2290–FR are used to compute and report
the tax imposed by section 4481 on the
highway use of certain motor vehicles.
The information is used to determine
whether the taxpayer has paid the
correct amount of tax.
Current Actions: There are no changes
to the burden relating to Form 2290 at
this time.
Type of Review: Extension of a current
OMB approval.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
1,219,000.
Estimated Time per Respondent: 42
hours, 52 minutes.
Estimated Total Annual Burden
Hours: 27,548,640.
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.
VerDate Aug<31>2005
19:47 Jul 21, 2008
Jkt 214001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 99–26
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
Revenue Procedure 99–26, Secured
Employee Benefits Settlement Initiative.
DATES: Written comments should be
received on or before September 22,
2008 to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of revenue procedure should be
directed to Carolyn N. Brown, (202)
622–6688, Internal Revenue Service,
room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through
the Internet at
Carolyn.N.Brown@irgs.gov.
SUPPLEMENTARY INFORMATION:
Title: Secured Employee Benefits
Settlement Initiative.
OMB Number: 1545–1653.
Revenue Procedure Number: Revenue
Procedure 99–26.
Abstract: Revenue Procedure 99–26
offers employers alternative 50 percent
settlement options to settle cases in
which they accelerated deductions for
accrued employee benefits secured by
letter of credit, bond, or other similar
financial instruments. The purpose of
this settlement initiative is to provide
options for taxpayers and the IRS to
expeditiously resolve these cases,
thereby avoiding litigation of the cases
in the future.
PO 00000
Frm 00114
Fmt 4703
Sfmt 4703
42655
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
100.
Estimated Time per Respondent: 20
hours.
Estimated Total Annual Burden
Hours: 2,000.
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 11, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–16647 Filed 7–21–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8404
Internal Revenue Service (IRS),
Treasury.
AGENCY:
E:\FR\FM\22JYN1.SGM
22JYN1
]]>Agencies
[Federal Register Volume 73, Number 141 (Tuesday, July 22, 2008)]
[Notices]
[Page 42655]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-16647]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 99-26
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
Revenue Procedure 99-26, Secured Employee Benefits Settlement
Initiative.
DATES: Written comments should be received on or before September 22,
2008 to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn P. Kirkland, Internal
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of revenue procedure should be directed to Carolyn N. Brown,
(202) 622-6688, Internal Revenue Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or through the Internet at
Carolyn.N.Brown@irgs.gov.
SUPPLEMENTARY INFORMATION:
Title: Secured Employee Benefits Settlement Initiative.
OMB Number: 1545-1653.
Revenue Procedure Number: Revenue Procedure 99-26.
Abstract: Revenue Procedure 99-26 offers employers alternative 50
percent settlement options to settle cases in which they accelerated
deductions for accrued employee benefits secured by letter of credit,
bond, or other similar financial instruments. The purpose of this
settlement initiative is to provide options for taxpayers and the IRS
to expeditiously resolve these cases, thereby avoiding litigation of
the cases in the future.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 100.
Estimated Time per Respondent: 20 hours.
Estimated Total Annual Burden Hours: 2,000.
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 11, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-16647 Filed 7-21-08; 8:45 am]
BILLING CODE 4830-01-P
