Proposed Collection; Comment Request for Information Collection Tools, 63423-63424 [2012-25306]

Download as PDF tkelley on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 200 / Tuesday, October 16, 2012 / Notices participant and spouse pension plan. The IRS uses this data to determine if the plan appears to be operating properly as required under the Internal Revenue Code or whether the plan should be audited. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations, and farms. Estimated Number of Respondents: 250,000. Estimated Time per Respondent: 27 hrs., 5 min. Estimated Total Annual Burden Hours: 6,770,000. (6) Title: Arbitrage Restrictions on taxexempt Bonds. OMB Number: 1545–1098. Form Number: T.D. 8418. Abstract: This regulation requires state and local governmental issuers of tax-exempt bonds to rebate arbitrage profits earned on nonpurpose investments acquired with the bond proceeds. Issuers are required to submit a form with the rebate. The regulations provide for several elections, all of which must be in writing. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: State, local, or tribal governments, and not-for-profit institutions. Estimated Number of Respondents: 3,100. Estimated Time per Respondent: 2 hrs., 45 min. Estimated Total Annual Burden Hours: 8,550. 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 VerDate Mar<15>2010 16:06 Oct 15, 2012 Jkt 229001 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: October 10, 2012. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. 2012–25305 Filed 10–15–12; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Information Collection Tools 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 the Authorized Cyber Assistant Host Application form; Form 11–C, Occupational Tax and Register Return for Wagering; Form 8816, Special Loss Discount Account and Special Estimated Tax Payments for Insurance Companies; IA–54–90 (TD 8459), Settlement Funds (§§ 1.468B–1, 1.468B– 2, 1.468B–3, and 1.468B–5); and Revenue Procedure 97–48, Automatic Relief for Late S Corporation Elections. DATES: Written comments should be received on or before December 17, 2012 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. Please send separate comments for each specific information collection listed SUMMARY: PO 00000 Frm 00136 Fmt 4703 Sfmt 4703 63423 below. You must reference the information collection’s title, form number, reporting or record-keeping requirement number, and OMB number (if any) in your comment. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the collection tools should be directed to R. Joseph Durbala, 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. Currently, the IRS is seeking comments concerning the following information collection tools, reporting, and record-keeping requirements: (1) Title: Authorized Cyber Assistant Host Application. OMB Number: 1545–2170. Form Number: N/A. Abstract: The IRS web-based software program, referred to as Cyber Assistant, will guide applicants for tax-exempt status through the preparation of Form 1023, Application for Recognition of Exemption under Section 501(c)(3). The program, similar to tax preparation software, ensures that an application is complete before allowing the applicant to print out a PDF version of the completed Form 1023 for submission to the IRS. As the Forms 1023 completed using Cyber Assistant will not be electronically transmitted to the IRS, bar codes included on applications completed via Cyber Assistant will allow the IRS to scan the complete Form 1023 upon receipt from the applicant, making all of the data available electronically instead of the limited number of items that are currently transcribed from standard paper applications.. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit organizations and other not-forprofit institutions. Estimated Number of Respondents: 100. Estimated Time per Respondent: 2 hr. Estimated Total Annual Burden Hours: 200. (2) Title: Occupational Tax Wagering. OMB Number: 1545–0236. Form Number: 11–C. Abstract: Form 11–C is used to register persons accepting wagers, as required by Internal Revenue Code section 4412. The IRS uses this form to register the respondent, collect the annual stamp tax imposed by Code section 4411 and to verify that the tax on wagers is reported on Form 730, Tax on Wagering. SUPPLEMENTARY INFORMATION: E:\FR\FM\16OCN1.SGM 16OCN1 tkelley on DSK3SPTVN1PROD with NOTICES 63424 Federal Register / Vol. 77, No. 200 / Tuesday, October 16, 2012 / Notices 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 and individuals. Estimated Number of Respondents: 23,000. Estimated Time per Respondent: 5 hrs., 21 min. Estimated Total Annual Reporting Burden Hours: 126,175. (3) Title: Special Loss Discount Account and Special Estimated Tax Payments for Insurance Companies. OMB Number: 1545–1130. Form Number: 8816. Abstract: Form 8816 is used by insurance companies claiming an additional deduction under Internal Revenue Code section 847 to reconcile estimated tax payments and to determine their tax benefit associated with the deduction. The information is needed by the IRS to determine that the proper additional deduction was claimed and to insure the proper amount of special estimated tax was computed and deposited. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 3,000. Estimated Time Per Respondent: 6 hrs, 37 min. Estimated Total Annual Burden Hours: 19,830. (4) Title: Settlement Funds. OMB Number: 1545–1299. Form Number: IA–54–90. Abstract: This regulation prescribes reporting requirements for settlement funds, which are funds established or approved by a governmental authority to resolve or satisfy certain liabilities, such as those involving tort or breach of contract. The regulation relates to the tax treatment of transfers to these funds, the taxation of income earned by the funds, and the tax treatment of distributions made by the funds. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Individuals, business or other for-profit organizations, not forprofit institutions, farms and Federal, state, local or tribal governments. Estimated Number of Respondents: 1,500. Estimated Time Per Respondent: 2 hrs., 22 min. VerDate Mar<15>2010 16:06 Oct 15, 2012 Jkt 229001 Estimated Total Annual Burden Hours: 3,542. (5) Title: Automatic Relief for Late S Corporation Elections. OMB Number: 1545–1562. Form Number: Revenue Procedure 97–48. Abstract: The Small Business Job Protection Act of 1996 provides the IRS with the authority to grant relief for late S corporation elections. This revenue procedure provides that, in certain situations, taxpayers whose S corporation election was filed late can obtain relief by filing Form 2553 and attaching a statement explaining that the requirements of the revenue procedure have been met. Current Actions: There is no change in the paperwork burden previously approved by OMB. 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: 1 hrs. Estimated Total Annual Burden Hours: 100. 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, PO 00000 Frm 00137 Fmt 4703 Sfmt 4703 maintenance, and purchase of services to provide information. Approved: October 10, 2012. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. 2012–25306 Filed 10–15–12; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS Announcement of Competition Under the America COMPETES Reauthorization Act of 2011: Veterans Medical Appointment Scheduling System Department of Veterans Affairs. Notice. AGENCY: ACTION: To encourage development of systems that help Veterans schedule appointments to receive care from the Veterans Health Administration and to reduce risks in the future procurement and deployment of those systems, the Secretary of Veterans Affairs (VA) announces a prize contest under Section 105 of the America COMPETES Reauthorization Act of 2011, Public Law 111–358 (2011), 15 USC 3719 (the ‘‘Act’’). DATES: Entries will be accepted until 10:59 p.m. EDT on March 1, 2013. Winners will be announced on or about 90 days after the entry deadline. ADDRESSES: The official contest Web site is https://vascheduling.challenge.gov. Contestants must register via the official contest Web site as provided in Section 4 of the Rules set forth in this notice. Entries must be submitted electronically as specified in Section 5 of the Rules. FOR INFORMATION CONTACT: Michael A. Moore, Special Assistant to Chief Technology Officer, Office of the Secretary, Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420; (202) 461–5764. (This is not a toll-free number.) Also, see Section 11, below. SUPPLEMENTARY INFORMATION: SUMMARY: Introduction VA uses the Medical Scheduling Package (MSP), a component in its VistA electronic health record (EHR) system, to perform multiple interrelated functions to bring patients, clinicians and other resources together so care can be delivered. The MSP also captures data which allows VA to measure, manage and improve access to care, quality of care, operating efficiency and operating and capital resources. VA’s current MSP is more than 25 years old. It does not meet current E:\FR\FM\16OCN1.SGM 16OCN1

Agencies

[Federal Register Volume 77, Number 200 (Tuesday, October 16, 2012)]
[Notices]
[Pages 63423-63424]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25306]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Information Collection 
Tools

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 
the Authorized Cyber Assistant Host Application form; Form 11-C, 
Occupational Tax and Register Return for Wagering; Form 8816, Special 
Loss Discount Account and Special Estimated Tax Payments for Insurance 
Companies; IA-54-90 (TD 8459), Settlement Funds (Sec. Sec.  1.468B-1, 
1.468B-2, 1.468B-3, and 1.468B-5); and Revenue Procedure 97-48, 
Automatic Relief for Late S Corporation Elections.

DATES: Written comments should be received on or before December 17, 
2012 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. Please send separate comments for each specific information 
collection listed below. You must reference the information 
collection's title, form number, reporting or record-keeping 
requirement number, and OMB number (if any) in your comment.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the collection tools should be directed to R. Joseph Durbala, 
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.

SUPPLEMENTARY INFORMATION: Currently, the IRS is seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    (1) Title: Authorized Cyber Assistant Host Application.
    OMB Number: 1545-2170.
    Form Number: N/A.
    Abstract: The IRS web-based software program, referred to as Cyber 
Assistant, will guide applicants for tax-exempt status through the 
preparation of Form 1023, Application for Recognition of Exemption 
under Section 501(c)(3). The program, similar to tax preparation 
software, ensures that an application is complete before allowing the 
applicant to print out a PDF version of the completed Form 1023 for 
submission to the IRS. As the Forms 1023 completed using Cyber 
Assistant will not be electronically transmitted to the IRS, bar codes 
included on applications completed via Cyber Assistant will allow the 
IRS to scan the complete Form 1023 upon receipt from the applicant, 
making all of the data available electronically instead of the limited 
number of items that are currently transcribed from standard paper 
applications..
    Type of Review: Extension of currently approved collection.
    Affected Public: Business or other for-profit organizations and 
other not-for-profit institutions.
    Estimated Number of Respondents: 100.
    Estimated Time per Respondent: 2 hr.
    Estimated Total Annual Burden Hours: 200.
    (2) Title: Occupational Tax Wagering.
    OMB Number: 1545-0236.
    Form Number: 11-C.
    Abstract: Form 11-C is used to register persons accepting wagers, 
as required by Internal Revenue Code section 4412. The IRS uses this 
form to register the respondent, collect the annual stamp tax imposed 
by Code section 4411 and to verify that the tax on wagers is reported 
on Form 730, Tax on Wagering.

[[Page 63424]]

    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 and 
individuals.
    Estimated Number of Respondents: 23,000.
    Estimated Time per Respondent: 5 hrs., 21 min.
    Estimated Total Annual Reporting Burden Hours: 126,175.
    (3) Title: Special Loss Discount Account and Special Estimated Tax 
Payments for Insurance Companies.
    OMB Number: 1545-1130.
    Form Number: 8816.
    Abstract: Form 8816 is used by insurance companies claiming an 
additional deduction under Internal Revenue Code section 847 to 
reconcile estimated tax payments and to determine their tax benefit 
associated with the deduction. The information is needed by the IRS to 
determine that the proper additional deduction was claimed and to 
insure the proper amount of special estimated tax was computed and 
deposited.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 3,000.
    Estimated Time Per Respondent: 6 hrs, 37 min.
    Estimated Total Annual Burden Hours: 19,830.
    (4) Title: Settlement Funds.
    OMB Number: 1545-1299.
    Form Number: IA-54-90.
    Abstract: This regulation prescribes reporting requirements for 
settlement funds, which are funds established or approved by a 
governmental authority to resolve or satisfy certain liabilities, such 
as those involving tort or breach of contract. The regulation relates 
to the tax treatment of transfers to these funds, the taxation of 
income earned by the funds, and the tax treatment of distributions made 
by the funds.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals, business or other for-profit 
organizations, not for-profit institutions, farms and Federal, state, 
local or tribal governments.
    Estimated Number of Respondents: 1,500.
    Estimated Time Per Respondent: 2 hrs., 22 min.
    Estimated Total Annual Burden Hours: 3,542.
    (5) Title: Automatic Relief for Late S Corporation Elections.
    OMB Number: 1545-1562.
    Form Number: Revenue Procedure 97-48.
    Abstract: The Small Business Job Protection Act of 1996 provides 
the IRS with the authority to grant relief for late S corporation 
elections. This revenue procedure provides that, in certain situations, 
taxpayers whose S corporation election was filed late can obtain relief 
by filing Form 2553 and attaching a statement explaining that the 
requirements of the revenue procedure have been met.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    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: 1 hrs.
    Estimated Total Annual Burden Hours: 100.
    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: October 10, 2012.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2012-25306 Filed 10-15-12; 8:45 am]
BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.