Proposed Collection; Comment Request for Form 1125-A, 44657-44658 [2011-18781]

Download as PDF Federal Register / Vol. 76, No. 143 / Tuesday, July 26, 2011 / Notices 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 8, 2011. Yvette B. Lawrence, OMB Reports Clearance Officer. [FR Doc. 2011–18768 Filed 7–25–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for A Notice Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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)). The IRS is soliciting comments concerning information collection requirements related to election to defer net experience loss in a multiemployer plan. DATES: Written comments should be received on or before September 26, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of notice should be directed to Joel Goldberger, at (202) 927–9368, or at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet, at Joel.P.Goldberger@irs.gov. SUPPLEMENTARY INFORMATION: Title: Election to Defer Net Experience Loss in a Multiemployer Plan. OMB Number: 1545–1935. Notice Number: Notice 2005–40. Abstract: This notice describes the election that must be filed by an eligible multiemployer plan’s enrolled actuary to the Service in order to defer a net experience loss. The notice also describes the notification that must be sroberts on DSK5SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:12 Jul 25, 2011 Jkt 223001 given to plan participants and beneficiaries, to labor organizations, to contributing employers and to the Pension Benefit Guaranty Corporation within 30 days of making an election with the Service and the certification that must be filed if a restricted amendment is adopted. Current Actions: There are no changes being made to the notice at this time. Type of Review: Extension of a currently approved new collection. Affected Public: Business or other forprofit organizations, and not-for-profit institutions. Estimated Number of Respondents: 12. Estimated Average Time per Respondent: 80 hours. Estimated Total Annual Burden Hours: 960. 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; 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 15, 2011. Yvette B. Lawrence, IRS Reports Clearance Officer. [FR Doc. 2011–18779 Filed 7–25–11; 8:45 am] BILLING CODE 4830–01–P PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 44657 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1125–A Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 1125–A, Cost of Goods Sold. DATES: Written comments should be received on or before September 26, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Joel Goldberger, (202) 927–9368, at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Joel.P.Goldberger@irs.gov. SUPPLEMENTARY INFORMATION: Title: Cost of Goods Sold. OMB Number: 1545–XXXX. Form Number: Form 1125–A. Abstract: During a re-design of Form 1120 U.S. Corporation Income Tax Return, related to the inclusion of ‘‘Merchant Card Receipts’’, it was deemed to be more efficient to present the data required to report ‘‘Cost of goods sold’’ on a new form. This new form, 1125–A, would be attached to form 1120, as well as to other forms that require this information. Current Actions: This new form is being submitted for OMB approval. Type of Review: New collection. Affected Public: Businesses and other for-profit organizations. Estimated Number of Respondents: 3,560,000. Estimated Time per Respondent: 8 hours 47 minutes. Estimated Total Annual Burden Hours: 31,185,600. The following paragraph applies to all of the collections of information covered by this notice: SUMMARY: E:\FR\FM\26JYN1.SGM 26JYN1 44658 Federal Register / Vol. 76, No. 143 / Tuesday, July 26, 2011 / Notices 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 18, 2011. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2011–18781 Filed 7–25–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1125–E Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 sroberts on DSK5SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:12 Jul 25, 2011 Jkt 223001 soliciting comments concerning Form 1125–E, Compensation of Officers. DATES: Written comments should be received on or before September 26, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Joel Goldberger, (202) 927–9368, at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Joel.P.Goldberger@irs.gov. Title: Compensation of Officers. OMB Number: 1545–XXXX. Form Number: Form 1125–E. Abstract: During a re-design of Form 1120 U.S. Corporation Income Tax Return, related to the inclusion of ‘‘Merchant Card Receipts’’, it was deemed to be more efficient to capture the data required to report ‘‘Compensation of Officers’’ on a new form. This new form, 1125–E, would be attached to form 1120, as well as to other forms that require this information. Current Actions: This new form is being submitted for OMB approval. Type of Review: New collection. Affected Public: Businesses and other for-profit organizations. Estimated Number of Respondents: 3,000,000. Estimated Time per Respondent: 4 hours 30 minutes. Estimated Total Annual Burden Hours: 12,900,000. 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 SUPPLEMENTARY INFORMATION: PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 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 18, 2011. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2011–18782 Filed 7–25–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1041–A Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 1041–A, U.S. Information Return-Trust Accumulation of Charitable Amounts. DATES: Written comments should be received on or before September 26, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette B. Lawrence, 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 Joel Goldberger at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 927– 9368, or through the Internet at Joel.P.Goldberger@irs.gov. SUMMARY: SUPPLEMENTARY INFORMATION: Title: U.S. Information Return-Trust Accumulation of Charitable Amounts. E:\FR\FM\26JYN1.SGM 26JYN1

Agencies

[Federal Register Volume 76, Number 143 (Tuesday, July 26, 2011)]
[Notices]
[Pages 44657-44658]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-18781]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1125-A

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 1125-A, Cost of Goods Sold.

DATES: Written comments should be received on or before September 26, 
2011 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Joel 
Goldberger, (202) 927-9368, at Internal Revenue Service, room 6129, 
1111 Constitution Avenue, NW., Washington, DC 20224, or through the 
Internet at Joel.P.Goldberger@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Cost of Goods Sold.
    OMB Number: 1545-XXXX.
    Form Number: Form 1125-A.
    Abstract: During a re-design of Form 1120 U.S. Corporation Income 
Tax Return, related to the inclusion of ``Merchant Card Receipts'', it 
was deemed to be more efficient to present the data required to report 
``Cost of goods sold'' on a new form. This new form, 1125-A, would be 
attached to form 1120, as well as to other forms that require this 
information.
    Current Actions: This new form is being submitted for OMB approval.
    Type of Review: New collection.
    Affected Public: Businesses and other for-profit organizations.
    Estimated Number of Respondents: 3,560,000.
    Estimated Time per Respondent: 8 hours 47 minutes.
    Estimated Total Annual Burden Hours: 31,185,600.
    The following paragraph applies to all of the collections of 
information covered by this notice:

[[Page 44658]]

    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 18, 2011.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2011-18781 Filed 7-25-11; 8:45 am]
BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.