Information Reporting Program Advisory Committee (IRPAC); Nominations, 18941-18942 [2016-07352]
Download as PDF
<![CDATA[
Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices
Federal banking law and regulations
and accounting principles. The OCC
uses the information in conducting
examinations and as an auditing tool to
verify compliance with laws and
regulations. In addition, the OCC uses
national bank requests for permission to
extend the holding period for off-lease
property to ensure national bank
compliance with relevant laws and
regulations and to ensure bank safety
and soundness.
Type of Review: Regular.
Affected Public: Individuals;
Businesses or other for-profit.
Frequency of Response: On occasion.
Estimated Number of Respondents:
345.
Estimated Total Annual Burden: 678.
The OCC published a notice for 60
days of comment on January 20, 2016,
81 FR 3236. No comments were
received. Comments continue to be
requested on:
(a) Whether the information
collections are necessary for the proper
performance of the OCC’s functions,
including whether the information has
practical utility;
(b) The accuracy of the OCC’s
estimates of the burden of the
information collections, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections 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.
Dated: March 28, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative and
Regulatory Activities Division.
[FR Doc. 2016–07351 Filed 3–31–16; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5884
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
SUMMARY:
VerDate Sep<11>2014
17:25 Mar 31, 2016
Jkt 238001
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
5884, Work Opportunity Credit.
DATES: Written comments should be
received on or before May 31, 2016 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue
Service, Room 6526, 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 Sara Covington,
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW.,
Washington, DC 20224 or through the
Internet at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Work Opportunity Credit.
OMB Number: 1545–0219.
Form Number: 5884.
Abstract: Internal Revenue Code
section 38(b)(2) allows a credit against
income tax to employers hiring
individuals from certain targeted groups
such as welfare recipients, etc. The
employer uses Form 5884 to compute
this credit. The IRS uses the information
on the form to verify that the correct
amount of credit was claimed.
Current Actions: Changes were made
to comply with legislative rulings.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations and farms.
Estimated Number of Responses:
11,677.
Estimated Time per Respondent: 6
hours, 39 minutes.
Estimated Total Annual Burden
Hours: 77,653.
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
PO 00000
Frm 00119
Fmt 4703
Sfmt 4703
18941
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 29, 2016.
Sara Covington,
IRS Tax Analyst.
[FR Doc. 2016–07435 Filed 3–31–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Information Reporting Program
Advisory Committee (IRPAC);
Nominations
Internal Revenue Service,
Department of the Treasury.
ACTION: Request for nominations.
AGENCY:
The Internal Revenue Service
(IRS) requests applications of
individuals to be considered for
selection as members of the Information
Reporting Program Advisory Committee
(IRPAC). Nominations should describe
and document the proposed member’s
qualifications for IRPAC membership,
including the applicant’s past or current
affiliations and dealings with the
particular tax segment or segments of
the community that he or she wishes to
represent on the committee. In addition
to nominations from interested
individuals, the IRS is soliciting
nominations from professional and
public interest groups that wish to have
representatives on the IRPAC. IRPAC
will be comprised of 19 members. There
are eight positions open for calendar
year 2017. It is important that IRPAC
continue to represent a diverse taxpayer
and stakeholder base. Accordingly, to
maintain membership diversity,
selection is based on the applicant’s
qualifications as well as the taxpayer or
stakeholder base the applicant
represents.
SUMMARY:
E:\FR\FM\01APN1.SGM
01APN1
asabaliauskas on DSK3SPTVN1PROD with NOTICES
18942
Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices
The IRPAC advises the IRS on
information reporting issues of mutual
concern to the private sector and the
federal government. The committee
works with the Commissioner of
Internal Revenue and other IRS
leadership to provide recommendations
on a wide range of information reporting
administration issues. Membership is
balanced to include representation from
the tax professional community, small
and large businesses, banks, colleges
and universities, and industries such as
securities, payroll, finance and software.
DATES: Written nominations must be
received on or before June 2, 2016.
ADDRESSES: Nominations should be sent
to: Michael Deneroff, IRS National
Public Liaison, CL:NPL:PSRM, Room
7559, 1111 Constitution Avenue NW.,
Washington, DC 20224, Attn: IRPAC
Nominations. Applications may also be
submitted via fax to 855–811–8020 or
via email at PublicLiaison@irs.gov.
Application packages are available on
the IRS Web site at https://www.irs.gov/
for-tax-pros. Application packages may
also be requested by telephone from
National Public Liaison, 202–317–6851
(not a toll-free number).
FOR FURTHER INFORMATION CONTACT:
Michael Deneroff at 202–317–6851 (not
a toll-free number) or PublicLiaison@
irs.gov.
SUPPLEMENTARY INFORMATION:
Established in 1991 in response to an
administrative recommendation in the
final Conference Report of the Omnibus
Budget Reconciliation Act of 1989, the
IRPAC works closely with the IRS to
provide recommendations on a wide
range of issues intended to improve the
information reporting program and
achieve fairness to taxpayers. Conveying
the public’s perceptions of IRS activities
to the Commissioner, the IRPAC is
comprised of individuals who bring
substantial, disparate experience and
diverse backgrounds to the Committee’s
activities.
Each IRPAC member is nominated by
the Commissioner with the concurrence
of the Secretary of Treasury to serve a
three-year term. Working groups address
policies and administrative issues
specific to information reporting.
Members are not paid for their services.
However, travel expenses for working
sessions, public meetings and
orientation sessions, such as airfare, per
diem, and transportation are reimbursed
within prescribed federal travel
limitations.
Receipt of applications will be
acknowledged, and all individuals will
be notified when selections have been
made. In accordance with Department of
Treasury Directive 21–03, a clearance
VerDate Sep<11>2014
17:25 Mar 31, 2016
Jkt 238001
process including fingerprints, annual
tax checks, a Federal Bureau of
Investigation criminal check and a
practitioner check with the Office of
Professional Responsibility will be
conducted.
Equal opportunity practices will be
followed for all appointments to the
IRPAC in accordance with the
Department of Treasury and IRS
policies. The IRS has special interest in
assuring that women and men, members
of all races and national origins, and
individuals with disabilities are
welcomed for service on advisory
committees and, therefore, extends
particular encouragement to
nominations from such appropriately
qualified candidates.
Dated: March 25, 2016.
John Lipold,
Designated Federal Official, National Public
Liaison.
[FR Doc. 2016–07352 Filed 3–31–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
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 golden
parachute payments.
DATES: Written comments should be
received on or before May 31, 2016 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Sara Covington at Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
PO 00000
Frm 00120
Fmt 4703
Sfmt 4703
Title: Golden Parachute Payments.
OMB Number: 1545–1851. Regulation
Project Number: REG–124312–02 (TD
9083).
Abstract: These regulations deny a
deduction for excess parachute
payments. A parachute payment is
payment in the nature of compensation
to a disqualified individual that is
contingent on a change in ownership or
control of a corporation. Certain
payments, including payments from a
small corporation, are exempt from the
definition of parachute payment if
certain requirements are met (such as
shareholder approval and disclosure
requirements).
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
800.
Estimated Time per Respondent: 9
minutes.
Estimated Total Annual Burden
Hours: 12,000.
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.
E:\FR\FM\01APN1.SGM
01APN1
]]>Agencies
[Federal Register Volume 81, Number 63 (Friday, April 1, 2016)]
[Notices]
[Pages 18941-18942]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07352]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Information Reporting Program Advisory Committee (IRPAC);
Nominations
AGENCY: Internal Revenue Service, Department of the Treasury.
ACTION: Request for nominations.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service (IRS) requests applications of
individuals to be considered for selection as members of the
Information Reporting Program Advisory Committee (IRPAC). Nominations
should describe and document the proposed member's qualifications for
IRPAC membership, including the applicant's past or current
affiliations and dealings with the particular tax segment or segments
of the community that he or she wishes to represent on the committee.
In addition to nominations from interested individuals, the IRS is
soliciting nominations from professional and public interest groups
that wish to have representatives on the IRPAC. IRPAC will be comprised
of 19 members. There are eight positions open for calendar year 2017.
It is important that IRPAC continue to represent a diverse taxpayer and
stakeholder base. Accordingly, to maintain membership diversity,
selection is based on the applicant's qualifications as well as the
taxpayer or stakeholder base the applicant represents.
[[Page 18942]]
The IRPAC advises the IRS on information reporting issues of mutual
concern to the private sector and the federal government. The committee
works with the Commissioner of Internal Revenue and other IRS
leadership to provide recommendations on a wide range of information
reporting administration issues. Membership is balanced to include
representation from the tax professional community, small and large
businesses, banks, colleges and universities, and industries such as
securities, payroll, finance and software.
DATES: Written nominations must be received on or before June 2, 2016.
ADDRESSES: Nominations should be sent to: Michael Deneroff, IRS
National Public Liaison, CL:NPL:PSRM, Room 7559, 1111 Constitution
Avenue NW., Washington, DC 20224, Attn: IRPAC Nominations. Applications
may also be submitted via fax to 855-811-8020 or via email at
PublicLiaison@irs.gov. Application packages are available on the IRS
Web site at https://www.irs.gov/for-tax-pros. Application packages may
also be requested by telephone from National Public Liaison, 202-317-
6851 (not a toll-free number).
FOR FURTHER INFORMATION CONTACT: Michael Deneroff at 202-317-6851 (not
a toll-free number) or PublicLiaison@irs.gov.
SUPPLEMENTARY INFORMATION: Established in 1991 in response to an
administrative recommendation in the final Conference Report of the
Omnibus Budget Reconciliation Act of 1989, the IRPAC works closely with
the IRS to provide recommendations on a wide range of issues intended
to improve the information reporting program and achieve fairness to
taxpayers. Conveying the public's perceptions of IRS activities to the
Commissioner, the IRPAC is comprised of individuals who bring
substantial, disparate experience and diverse backgrounds to the
Committee's activities.
Each IRPAC member is nominated by the Commissioner with the
concurrence of the Secretary of Treasury to serve a three-year term.
Working groups address policies and administrative issues specific to
information reporting. Members are not paid for their services.
However, travel expenses for working sessions, public meetings and
orientation sessions, such as airfare, per diem, and transportation are
reimbursed within prescribed federal travel limitations.
Receipt of applications will be acknowledged, and all individuals
will be notified when selections have been made. In accordance with
Department of Treasury Directive 21-03, a clearance process including
fingerprints, annual tax checks, a Federal Bureau of Investigation
criminal check and a practitioner check with the Office of Professional
Responsibility will be conducted.
Equal opportunity practices will be followed for all appointments
to the IRPAC in accordance with the Department of Treasury and IRS
policies. The IRS has special interest in assuring that women and men,
members of all races and national origins, and individuals with
disabilities are welcomed for service on advisory committees and,
therefore, extends particular encouragement to nominations from such
appropriately qualified candidates.
Dated: March 25, 2016.
John Lipold,
Designated Federal Official, National Public Liaison.
[FR Doc. 2016-07352 Filed 3-31-16; 8:45 am]
BILLING CODE 4830-01-P
