Proposed Collection; Comment Request for Revenue Procedure 98-25, 15491 [2010-6840]
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Federal Register / Vol. 75, No. 59 / Monday, March 29, 2010 / Notices
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SUPPLEMENTARY INFORMATION:
Title: Exceptions to the notice and
reporting requirements of section
6033(e)(1) and the tax imposed by
section 6033(e)(2).
OMB Number: 1545–1589.
Revenue Procedure Number: Revenue
Procedure 98–19.
Abstract: Revenue Procedure 98–19
provides guidance to organizations
exempt from taxation under section
501(a) of the Internal Revenue Code of
1986 on certain exceptions from the
reporting and notice requirements of
section 6033(e)(1) and the tax imposed
by section 6033(e)(2).
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: Individuals or
households, not-for-profit institutions
and farms.
Estimated Number of Organizations:
15,000.
Estimated Average Time per
Organizations: 10 hours.
Estimated Total Annual
Recordkeeping Hours: 150,000.
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,
VerDate Nov<24>2008
09:18 Apr 05, 2010
Jkt 220001
maintenance, and purchase of services
to provide information.
Approved: March 4, 2010.
R. Joseph Durbala,
Supervisory Tax Analyst.
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 98–25
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 98–25, Automatic
Data Processing.
DATES: Written comments should be
received on or before May 28, 2010 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 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.
SUPPLEMENTARY INFORMATION:
Title: Automatic Data Processing.
OMB Number: 1545–1595.
Revenue Procedure Number: Revenue
Procedure 98–25.
Abstract: Revenue Procedure 98–25
provides taxpayers with comprehensive
guidance on requirements for keeping
and providing IRS access to electronic
tax records. The revenue procedure
requires taxpayers to retain electronic,
or ‘‘machine-sensible’’ records, ‘‘so long
as their contents may become material
to the administration of the internal
revenue laws.’’ Such materiality would
Frm 00091
Fmt 4703
Sfmt 4703
continue, according to IRS, at least until
the period of limitations, including
extensions, expires for each tax year.
Type of Review: Extension of a
currently approved collection.
[FR Doc. 2010–6835 Filed 3–26–10; 8:45 am]
PO 00000
15491
Affected Public: Individuals or
households, business or other for-profit
organizations, not-for-profit institutions,
farms, Federal government, and State,
local or Tribal governments.
Estimated Number of Respondents:
3,000.
Estimated Time per Respondent: 40
hours.
Estimated Total Annual Burden
Hours: 120,000.
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: March 10, 2010.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2010–6840 Filed 3–26–10; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\29MRN1.SGM
29MRN1
]]>Agencies
[Federal Register Volume 75, Number 59 (Monday, March 29, 2010)]
[Notices]
[Page 15491]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-6840]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 98-25
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 98-25, Automatic Data Processing.
DATES: Written comments should be received on or before May 28, 2010 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 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.
SUPPLEMENTARY INFORMATION:
Title: Automatic Data Processing.
OMB Number: 1545-1595.
Revenue Procedure Number: Revenue Procedure 98-25.
Abstract: Revenue Procedure 98-25 provides taxpayers with
comprehensive guidance on requirements for keeping and providing IRS
access to electronic tax records. The revenue procedure requires
taxpayers to retain electronic, or ``machine-sensible'' records, ``so
long as their contents may become material to the administration of the
internal revenue laws.'' Such materiality would continue, according to
IRS, at least until the period of limitations, including extensions,
expires for each tax year.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations, not-for-profit institutions, farms, Federal
government, and State, local or Tribal governments.
Estimated Number of Respondents: 3,000.
Estimated Time per Respondent: 40 hours.
Estimated Total Annual Burden Hours: 120,000.
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: March 10, 2010.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2010-6840 Filed 3-26-10; 8:45 am]
BILLING CODE 4830-01-P
