Proposed Collection; Comment Request for Form 6118, 54628-54629 [E9-25384]
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54628
Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices
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.
SUPPLEMENTARY INFORMATION:
dcolon on DSK2BSOYB1PROD with NOTICES
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–209373–
81 (TD 8797), Election to Amortize
Start-Up Expenditures for Active Trade
or Business (§ 1.195–1).
DATES: Written comments should be
received on or before December 21, 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 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@irs.gov.
Approved: October 13, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–25280 Filed 10–21–09; 8:45 am]
Title: Election to Amortize Start-Up
Expenditures for Active Trade or
Business.
OMB Number: 1545–1582.
Regulation Project Number: REG–
209373–81.
Abstract: Section 1.195–1 of the
regulation provides that start-up
expenditures may, at the discretion of
the taxpayer, be amortized over a period
of not less than 60 months beginning
with the month the active trade or
business begins. Taxpayers may elect to
amortize start-up expenditures by filing
a statement with their tax return for the
taxable year in which the trade or
business begins.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
150,000.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 37,500.
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
VerDate Nov<24>2008
15:13 Oct 21, 2009
Jkt 220001
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 6118
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
6118, Claim of Income Tax Return
Preparer Penalties.
DATES: Written comments should be
received on or before December 21, 2009
to be assured of consideration.
PO 00000
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Fmt 4703
Sfmt 4703
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 Allan Hopkins at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Claim of Income Tax Return
Preparer Penalties.
OMB Number: 1545–0240.
Form Number: 6118.
Abstract: Form 6118 is used by tax
return preparers to file for a refund of
penalties incorrectly charged. The
information enables the IRS to process
the claim and have the refund issued to
the tax return preparer.
Current Actions: Although there were
no significant changes being made to the
form at this time, we recalculated the
burden to more accurately reflect the
structure of the form.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals or
households.
Estimated Number of Respondents:
10,000.
Estimated Time per Respondent: 1
hour, 8 minutes.
Estimated Total Annual Burden
Hours: 11,400.
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
E:\FR\FM\22OCN1.SGM
22OCN1
Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices
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: October 9, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–25384 Filed 10–21–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
dcolon on DSK2BSOYB1PROD with NOTICES
AGENCY: Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
SUMMARY: The OCC, 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 a continuing information
collection, as required by the Paperwork
Reduction Act of 1995. An agency may
not conduct or sponsor, and a
respondent is not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. The OCC is soliciting comment
concerning its information collection
titled, ‘‘Risk-Based Capital Standards—
Advanced Capital Adequacy
Framework.’’ The OCC also gives notice
that it has sent the information
collection to OMB for review.
DATES: Comments must be submitted on
or before November 23, 2009.
ADDRESSES: You should direct your
comments to: Communications
Division, Office of the Comptroller of
the Currency, Public Information Room,
Mail Stop 2–3, Attention: 1557–0234,
250 E Street, SW., Washington, DC
20219. In addition, comments may be
sent by fax to (202) 874–5274, or by
electronic mail to
regs.comments@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 250 E Street,
SW., Washington, DC. For security
reasons, the OCC requires that visitors
make an appointment to inspect
comments. You may do so by calling
VerDate Nov<24>2008
15:13 Oct 21, 2009
Jkt 220001
(202) 874–4700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and submit to security screening in
order to inspect and photocopy
comments.
Additionally, you should send a copy
of your comments to: OCC Desk Officer
[1557–0234], by mail to the Office of
Information and Regulatory Affairs, U.S.
Office of Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street, NW., Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: You
can request additional information or a
copy of the collection from Mary H.
Gottlieb, OCC Clearance Officer, (202)
874–5090, Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC
is proposing to extend without change
approval of the following information
collection:
Title: Risk-Based Capital Standards—
Advanced Capital Adequacy
Framework.
OMB Control No.: 1557–0234.
Frequency of Response: Annually and
quarterly.
Affected Public: National banks and
Federal branches and agencies of foreign
banks.
Number of Respondents: 52.
Number of Responses per
Respondent: 24.
Total Number of Responses: 1,248.
Burden per Respondent: 15,570 hours.
Total Estimated Annual Burden:
809,640 hours.
General Description of Report: This
information collection is mandatory: 12
U.S.C. 93a, 161, 3907–3909. The written
implementation plan and prior
approvals are given confidential
treatment: 5 U.S.C. 552 (b)(8).
Abstract: On December 7, 2007, the
Federal banking agencies 1 issued a joint
final rule titled Risk-Based Capital
Standards: Advanced Capital Adequacy
Framework (final rule) implementing a
new risk-based regulatory capital
framework for institutions in the United
States.2 The final rule requires certain
large or internationally active banks and
bank holding companies to: (1) Adopt a
written implementation plan; (2) update
that plan for any mergers; (3) obtain
prior written approvals for the use of
certain approaches for determining riskweighted assets; and (4) make certain
public disclosures regarding their
1 Board of Governors of the Federal Reserve
System; Federal Deposit Insurance Corporation; and
Office of Thrift Supervision.
2 72 FR 69288 (December 7, 2007).
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54629
capital ratios, their components, and
information on implicit support
provided to a securitization. The
required reporting forms have been
approved under OMB Control No. 1557–
0239.
Request for Comment
The Federal banking agencies issued
a 60-day notice for comment on July 17,
2009. 74 FR 34865. No comments were
received. Comments continue to be
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information has 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 on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: October 15, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. E9–25327 Filed 10–21–09; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–109481–99]
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–109481–
99 (TD 9076), Special Rules Under
Section 417(a)(7) for Written
E:\FR\FM\22OCN1.SGM
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]]>Agencies
[Federal Register Volume 74, Number 203 (Thursday, October 22, 2009)]
[Notices]
[Pages 54628-54629]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-25384]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 6118
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 6118, Claim of Income Tax Return Preparer Penalties.
DATES: Written comments should be received on or before December 21,
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 Allan Hopkins
at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Claim of Income Tax Return Preparer Penalties.
OMB Number: 1545-0240.
Form Number: 6118.
Abstract: Form 6118 is used by tax return preparers to file for a
refund of penalties incorrectly charged. The information enables the
IRS to process the claim and have the refund issued to the tax return
preparer.
Current Actions: Although there were no significant changes being
made to the form at this time, we recalculated the burden to more
accurately reflect the structure of the form.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals or households.
Estimated Number of Respondents: 10,000.
Estimated Time per Respondent: 1 hour, 8 minutes.
Estimated Total Annual Burden Hours: 11,400.
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
[[Page 54629]]
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: October 9, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-25384 Filed 10-21-09; 8:45 am]
BILLING CODE 4830-01-P
