Proposed Collection; Comment Request for the Annual Return/Report of Employee Benefit Plan, 20202-20203 [2019-09389]
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<![CDATA[
20202
Federal Register / Vol. 84, No. 89 / Wednesday, May 8, 2019 / Notices
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
[Docket ID OCC–2019–0005]
Mutual Savings Association Advisory
Committee; Meeting
Department of the Treasury,
Office of the Comptroller of the
Currency (OCC).
ACTION: Notice of Federal Advisory
Committee meeting.
AGENCY:
The OCC announces a
meeting of the Mutual Savings
Association Advisory Committee
(MSAAC).
SUMMARY:
A public meeting of the MSAAC
will be held on Thursday, May 23, 2019,
beginning at 8:30 a.m. Eastern Daylight
Time (EDT).
ADDRESSES: The OCC will hold the May
23, 2019 meeting of the MSAAC at the
OCC’s offices at 400 7th Street SW,
Washington, DC 20219.
FOR FURTHER INFORMATION CONTACT:
Michael R. Brickman, Designated
Federal Officer, (202) 649–5420, Office
of the Comptroller of the Currency,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: By this
notice, the OCC is announcing that the
MSAAC will convene a meeting on
Thursday, May 23, 2019, at the OCC’s
offices at 400 7th Street SW,
Washington, DC 20219. The meeting is
open to the public and will begin at 8:30
a.m. EDT. The purpose of the meeting
is for the MSAAC to advise the OCC on
regulatory or other changes the OCC
may make to ensure the health and
viability of mutual savings associations.
The agenda includes a discussion of
current topics of interest to the industry.
Members of the public may submit
written statements to the MSAAC. The
OCC must receive written statements no
later than 5:00 p.m. EDT on Thursday,
May 16, 2019. Members of the public
may submit written statements to
MSAAC@occ.treas.gov or by mailing
them to Michael R. Brickman,
Designated Federal Officer, Mutual
Savings Association Advisory
Committee, Office of the Comptroller of
the Currency, 400 7th Street SW,
Washington, DC 20219.
Members of the public who plan to
attend the meeting should contact the
OCC by 5:00 p.m. EDT on Thursday,
May 16, 2019, to inform the OCC of
their desire to attend the meeting and to
provide information that will be
required to facilitate entry into the
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DATES:
VerDate Sep<11>2014
16:57 May 07, 2019
Jkt 247001
meeting. Members of the public may
contact the OCC via email at MSAAC@
OCC.treas.gov or by telephone at (202)
649–5420. Members of the public who
are hearing impaired should call (202)
649–5597 (TTY) by 5:00 p.m. EDT on
Thursday, May 16, 2019, to arrange
auxiliary aids such as sign language
interpretation for this meeting.
Attendees should provide their full
name, email address, and organization,
if any. For security reasons, attendees
will be subject to security screening
procedures and must present a valid
government-issued identification to
enter the building.
Dated: May 2, 2019.
Morris Morgan,
Senior Deputy Comptroller and Chief
Operating Officer.
[FR Doc. 2019–09433 Filed 5–7–19; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for the Annual Return/Report
of Employee Benefit Plan
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
the Annual Return/Report of Employee
Benefit Plan.
DATES: Written comments should be
received on or before July 8, 2019 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Laurie Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the forms and instructions
should be directed to Martha R. Brinson,
at (202) 317–5753, or at Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224, or through the internet at
Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Annual Return/Report of
Employee Benefit Plan.
SUMMARY:
PO 00000
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OMB Number: 1545–1610.
Form Number: 5500 and Schedules.
Abstract: The Annual Return/Report
of Employee Benefit Plan is an annual
information return filed by employee
benefit plans. The IRS uses this
information for a variety of matters,
including ascertainment whether a
qualified retirement plan appears to
conform to requirements under the
Internal Revenue Code or whether the
plan should be audited for compliance.
Form 5500–EZ (OMB Number: 1545–
0956) is an annual return filed by a oneparticipant (owners/partners and their
spouses) retirement plan or a foreign
plan to satisfy certain annual reporting
and filing requirements imposed by the
Internal Revenue Code (Code). The IRS
uses this data to determine if the plan
appears to be operating properly as
required under the Code or whether the
plan should be audited.
Current Actions: PBGC, the
Department of Labor (DOL), and the
Internal Revenue Service (IRS) work
together to produce the Form 5500
Annual Return/Report for Employee
Benefit Plan and Form 5500–SF Short
Form Annual Return/Report for Small
Employee Benefit Plan (Form 5500
Series), through which the regulated
public can satisfy the combined
reporting/filing requirements applicable
to employee benefit plans. The Form
5500 and Form 5500–SF are currently
filed electronically through the webbased EFAST2 system. The Form 5500–
EZ is currently filed on paper with the
IRS or by answering a subset of
questions on the Form 5500–SF, which
is then filed electronically through
EFAST2. The IRS plans to make the
Form 5500–EZ available on the EFAST2
system for direct electronic filing
instead of using Form 5500–SF. The
Form 5500–EZ (currently OMB Number:
1545–0956) will also be subsumed
under the OMB number for the Form
5500 and Form 5500–SF, 1545–1610 as
a separate collection. The Form 5500–
EZ would still be available to be filed
on paper with the IRS.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals and
households, not-for profit institutions,
and farms.
The number of filing and wage rates
are unchanged from the 2019 5500/
5500–SF submission Approved on April
26, 2019.
E:\FR\FM\08MYN1.SGM
08MYN1
20203
Federal Register / Vol. 84, No. 89 / Wednesday, May 8, 2019 / Notices
2019—
Requested
khammond on DSKBBV9HB2PROD with NOTICES
Annual Number of Responses for this IC
Annual IC Time Burden (Hours) ..............
Annual IC Cost Burden (Dollars) .............
804,000
330,000
127,898,000
Estimated Number of Respondents:
804,000.
Estimated Time per Respondent: 24.5
minutes.
Estimated Total Annual Burden
Hours: 330,000.
The number of respondents and
estimated response time are unchanged
from the 2016 5500–EZ submission
approved on December 27, 2016.
Estimated Number of Respondents:
250,000.
Estimated Time per Respondent: 27
hours, 5 minutes.
Estimated Total Annual Burden
Hours: 7,005,000.
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.
VerDate Sep<11>2014
16:57 May 07, 2019
Jkt 247001
Program
change
due to new
statute
Program
change due
to agency
discretion
0
0
0
Change due to
adjustment in
agency
estimate
........................
........................
........................
Approved: May 1, 2019.
Laurie Brimmer,
Senior Tax Analyst.
Change due
to potential
violation of
the PRA
¥29,000
¥9,000
¥4,763,000
Previously
approved
0
0
0
833,000
339,000
132,661,000
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FR Doc. 2019–09389 Filed 5–7–19; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Open Meeting of the Taxpayer
Advocacy Panel Joint Committee:
Correction
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Joint Committee:
Correction
Internal Revenue Service (IRS)
Treasury.
ACTION: Notice of meeting: Correction.
AGENCY:
In the Federal Register notice
that was originally published on April
24, 2019, (Volume 84, Number 79, Page
17240) the meeting time has changed
from 1:00 p.m. to 1:30 p.m. Eastern
Standard Time.
DATES: The meeting will be held
Thursday, May 30, 2019.
FOR FURTHER INFORMATION CONTACT:
Gilbert Martinez at 1–888–912–1227 or
(737) 800–4060.
SUPPLEMENTARY INFORMATION: Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Joint Committee will be
held Thursday, May 30, 2019, at 1:30
p.m. Eastern Time via teleconference.
The public is invited to make oral
comments or submit written statements
for consideration. For more information
please contact Gilbert Martinez at
1–888–912–1227 or (737–800–4060), or
write TAP Office 3651 S. IH–35, STOP
1005 AUSC, Austin, TX 78741, or post
comments to the website: https://
www.improveirs.org.
The agenda will include various
committee issues for submission to the
IRS and other TAP related topics. Public
input is welcomed.
SUMMARY:
Dated: May 2, 2019.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
ACTION:
Notice of meeting: Correction.
In the Federal Register notice
that was originally published on April
24, 2019, (Volume 84, Number 79, Page
17240) the meeting time has changed
from 1:00 p.m. to 1:30 p.m. Eastern
Standard Time.
SUMMARY:
The meeting will be held
Thursday, April 25, 2019.
DATES:
FOR FURTHER INFORMATION CONTACT:
Gilbert Martinez at 1–888–912–1227 or
(737) 800–4060.
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Joint Committee will be
held Thursday, April 25, 2019, at 1:30
p.m. Eastern Time via teleconference.
The public is invited to make oral
comments or submit written statements
for consideration. For more information
please contact Gilbert Martinez at 1–
888–912–1227 or (737–800–4060), or
write TAP Office 3651 S. IH–35, STOP
1005 AUSC, Austin, TX 78741, or post
comments to the website: https://
www.improveirs.org.
SUPPLEMENTARY INFORMATION:
The agenda will include various
committee issues for submission to the
IRS and other TAP related topics. Public
input is welcomed.
Dated: May 2, 2019.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2019–09384 Filed 5–7–19; 8:45 am]
BILLING CODE 4830–01–P
[FR Doc. 2019–09387 Filed 5–7–19; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
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]]>Agencies
[Federal Register Volume 84, Number 89 (Wednesday, May 8, 2019)]
[Notices]
[Pages 20202-20203]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-09389]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for the Annual Return/Report
of Employee Benefit Plan
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service, 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
information collections, as required by the Paperwork Reduction Act of
1995. The IRS is soliciting comments concerning the Annual Return/
Report of Employee Benefit Plan.
DATES: Written comments should be received on or before July 8, 2019 to
be assured of consideration.
ADDRESSES: Direct all written comments to Laurie Brimmer, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the forms and instructions should be directed to Martha R.
Brinson, at (202) 317-5753, or at Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW, Washington, DC 20224, or through the
internet at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Annual Return/Report of Employee Benefit Plan.
OMB Number: 1545-1610.
Form Number: 5500 and Schedules.
Abstract: The Annual Return/Report of Employee Benefit Plan is an
annual information return filed by employee benefit plans. The IRS uses
this information for a variety of matters, including ascertainment
whether a qualified retirement plan appears to conform to requirements
under the Internal Revenue Code or whether the plan should be audited
for compliance. Form 5500-EZ (OMB Number: 1545-0956) is an annual
return filed by a one-participant (owners/partners and their spouses)
retirement plan or a foreign plan to satisfy certain annual reporting
and filing requirements imposed by the Internal Revenue Code (Code).
The IRS uses this data to determine if the plan appears to be operating
properly as required under the Code or whether the plan should be
audited.
Current Actions: PBGC, the Department of Labor (DOL), and the
Internal Revenue Service (IRS) work together to produce the Form 5500
Annual Return/Report for Employee Benefit Plan and Form 5500-SF Short
Form Annual Return/Report for Small Employee Benefit Plan (Form 5500
Series), through which the regulated public can satisfy the combined
reporting/filing requirements applicable to employee benefit plans. The
Form 5500 and Form 5500-SF are currently filed electronically through
the web-based EFAST2 system. The Form 5500-EZ is currently filed on
paper with the IRS or by answering a subset of questions on the Form
5500-SF, which is then filed electronically through EFAST2. The IRS
plans to make the Form 5500-EZ available on the EFAST2 system for
direct electronic filing instead of using Form 5500-SF. The Form 5500-
EZ (currently OMB Number: 1545-0956) will also be subsumed under the
OMB number for the Form 5500 and Form 5500-SF, 1545-1610 as a separate
collection. The Form 5500-EZ would still be available to be filed on
paper with the IRS.
Type of Review: Revision of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals and households, not-for profit institutions, and farms.
The number of filing and wage rates are unchanged from the 2019
5500/5500-SF submission Approved on April 26, 2019.
[[Page 20203]]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Change due to Change due to
2019-- Program change Program change adjustment in potential Previously
Requested due to new due to agency agency violation of approved
statute discretion estimate the PRA
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual Number of Responses for this IC.................. 804,000 0 .............. -29,000 0 833,000
Annual IC Time Burden (Hours)........................... 330,000 0 .............. -9,000 0 339,000
Annual IC Cost Burden (Dollars)......................... 127,898,000 0 .............. -4,763,000 0 132,661,000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Number of Respondents: 804,000.
Estimated Time per Respondent: 24.5 minutes.
Estimated Total Annual Burden Hours: 330,000.
The number of respondents and estimated response time are unchanged
from the 2016 5500-EZ submission approved on December 27, 2016.
Estimated Number of Respondents: 250,000.
Estimated Time per Respondent: 27 hours, 5 minutes.
Estimated Total Annual Burden Hours: 7,005,000.
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: May 1, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-09389 Filed 5-7-19; 8:45 am]
BILLING CODE 4830-01-P
