Proposed Collection; Comment Request for Revenue Procedure 2005-50, 10807-10808 [E9-5309]
Download as PDF
<![CDATA[
cprice-sewell on PRODPC61 with NOTICES
Federal Register / Vol. 74, No. 47 / Thursday, March 12, 2009 / Notices
of closing agreement under Code section
7121 called a pre-filing agreement.
Current Actions: Due to revision of
the revenue procedure, burden hours
decreased by 36,081. The total burden
hours are now 13,134.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents/
Recordkeepers: 216.
Estimated Time per Response: 60
hours, 48 minutes.
Estimated Total Annual Burden
Hours: 13,134.
The following paragraph applies to all
the collections of information covered
by this notice.
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 27, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–5306 Filed 3–11–09; 8:45 am]
BILLING CODE 4830–01–P
VerDate Nov<24>2008
14:56 Mar 11, 2009
Jkt 217001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2008–
50
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 2008–50, Employee
Plans Compliance Resolution System.
DATES: Written comments should be
received on or before May 11, 2009 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the revenue procedure should
be directed to Carolyn N. Brown,
Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
6688 or through the Internet at
Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Employee Plans Compliance
Resolution System.
OMB Number: 1545–1673.
Revenue Procedure Number: Revenue
Procedure 2008–50.
Abstract: The information requested
in Revenue Procedure 2008–50 is
required to enable the Internal Revenue
Service to make determinations
regarding the issuance of various types
of closing agreements and compliance
statements. The issuance of closing
agreements and compliance statements
allows individual plans to continue to
maintain their tax-qualified status. As a
result, the favorable tax treatment of the
benefits of the eligible employees is
retained.
Current Actions: There are no changes
being made to this revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals, business
or other for-profit organizations, not-for-
PO 00000
Frm 00104
Fmt 4703
Sfmt 4703
10807
profit institutions, and state, local or
tribal governments.
Estimated Number of Respondents:
19,434.
Estimated Time per Respondent: 3
hours, 55 minutes.
Estimated Total Annual Burden
Hours: 76,222.
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 27, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–5307 Filed 3–11–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2005–
50
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
SUMMARY: The Department of the
Treasury, as part of its continuing effort
E:\FR\FM\12MRN1.SGM
12MRN1
10808
Federal Register / Vol. 74, No. 47 / Thursday, March 12, 2009 / Notices
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 Rev.
Proc. 2005–50, Automatic Consent for
Eligible Educational Institution to
Change Reporting Methods.
DATES: Written comments should be
received on or before May 11, 2009 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Carolyn N. Brown,
(202) 622–6688, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
Carolyn.N.Brown@irs.gov.
cprice-sewell on PRODPC61 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Automatic Consent for Eligible
Educational Institution to Change
Reporting Methods.
OMB Number: 1545–1952.
Form Number: Rev. Proc 2005–50.
Abstract: This revenue procedure
prescribes how an eligible educational
institution may obtain automatic
consent from the Service to change its
method of reporting under section
6050S of the Code and the Income Tax
Regulations.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
households, businesses and other forprofit organizations.
Estimated Number of Respondents:
30.
Estimated Time per Respondent: 10
hours.
Estimated Total Annual Burden
Hours: 300.
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
VerDate Nov<24>2008
14:56 Mar 11, 2009
Jkt 217001
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: March 2, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–5309 Filed 3–11–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8908
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 Form
8908, Energy Efficient Home Credit.
DATES: Written comments should be
received on or before May 11, 2009 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Carolyn N. Brown,
(202) 622–6688, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Energy Efficient Home Credit.
OMB Number: 1545–1979.
Form Number: 8908.
Abstract: Congress passed Public Law
109–58, the Energy Policy Act of 2005,
on August 8, 2005, enacting legislation
providing a tax credit for contractors
producing new energy efficient homes.
We created Form 8908 to reflect new
code section 45L which allows qualified
contractors to claim a credit for each
qualified energy-efficient home sold in
tax years ending after December 31,
2005. The new credit ($2,000 or $1,000)
is based on the energy saving
requirements of the home. To qualify for
the credit, the home must be acquired
after 2005 but before January 2008.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
198,000.
Estimated Time per Respondent: 2
hours, 35 minutes.
Estimated Total Annual Burden
Hours: 512,820.
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
E:\FR\FM\12MRN1.SGM
12MRN1
]]>Agencies
[Federal Register Volume 74, Number 47 (Thursday, March 12, 2009)]
[Notices]
[Pages 10807-10808]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-5309]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2005-
50
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort
[[Page 10808]]
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
Rev. Proc. 2005-50, Automatic Consent for Eligible Educational
Institution to Change Reporting Methods.
DATES: Written comments should be received on or before May 11, 2009 to
be assured of consideration.
ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Carolyn N.
Brown, (202) 622-6688, at Internal Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Automatic Consent for Eligible Educational Institution to
Change Reporting Methods.
OMB Number: 1545-1952.
Form Number: Rev. Proc 2005-50.
Abstract: This revenue procedure prescribes how an eligible
educational institution may obtain automatic consent from the Service
to change its method of reporting under section 6050S of the Code and
the Income Tax Regulations.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and households, businesses and other
for-profit organizations.
Estimated Number of Respondents: 30.
Estimated Time per Respondent: 10 hours.
Estimated Total Annual Burden Hours: 300.
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: March 2, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-5309 Filed 3-11-09; 8:45 am]
BILLING CODE 4830-01-P
