Proposed Collection; Comment Request for Form 5307, 31027 [2020-10972]
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Federal Register / Vol. 85, No. 99 / Thursday, May 21, 2020 / Notices
copies of the form 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: Reporting Agent Authorization.
OMB Number: 1545–1058.
Form Number: Form 8655 and
Revenue Procedure 2012–32.
Abstract: Form 8655 allows a taxpayer
to designate a reporting agent to file
certain employment tax returns
electronically or on magnetic tape, to
receive copies of notices and other tax
information, and to submit Federal tax
deposits. This form allows IRS to
disclose tax account information and to
provide duplicate copies of taxpayer
correspondence to authorized agents.
Revenue Procedure 2012–32 provides
the requirements for completing and
submitting Form 8655, Reporting Agent
Authorization. An Authorization allows
a taxpayer to designate a Reporting
Agent to perform certain acts on behalf
of a taxpayer.
Current Actions: There are no changes
being made to this collection at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
114,250.
Estimated Time per Respondent: 7
hrs., 10 mins.
Estimated Total Annual Burden
Hours: 819,050.
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;
VerDate Sep<11>2014
17:18 May 20, 2020
Jkt 250001
(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 14, 2020.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2020–10974 Filed 5–20–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5307
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service
(IRS), 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
Application for Determination for
Adopters of Modified Volume Submitter
Plans.
DATES: Written comments should be
received on or before July 20, 2020 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, 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 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: Application for Determination
for Adopters of Modified Volume
Submitter Plans.
OMB Number: 1545–0200.
Form Number: 5307.
Abstract: This form is filed by
employers or plan administrators who
SUMMARY:
PO 00000
Frm 00103
Fmt 4703
Sfmt 9990
31027
have adopted a prototype plan approved
by the IRS National Office or a regional
prototype plan approved by the IRS
District Director to obtain a ruling that
the plan adopted is qualified under IRC
sections 401(a) and 501(a). It may not be
used to request a letter for a multiple
employer plan.
Current Actions: There are no changes
being made to this form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
100,000.
Estimated Time per Respondent:
51hrs., 23 mins.
Estimated Total Annual Burden
Hours: 5,139,000.
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. Comments
will be 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 has 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 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 14, 2020.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2020–10972 Filed 5–20–20; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\21MYN1.SGM
21MYN1
Agencies
[Federal Register Volume 85, Number 99 (Thursday, May 21, 2020)]
[Notices]
[Page 31027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-10972]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 5307
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service (IRS), 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 Application for
Determination for Adopters of Modified Volume Submitter Plans.
DATES: Written comments should be received on or before July 20, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments to Kinna Brewington, 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 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: Application for Determination for Adopters of Modified
Volume Submitter Plans.
OMB Number: 1545-0200.
Form Number: 5307.
Abstract: This form is filed by employers or plan administrators
who have adopted a prototype plan approved by the IRS National Office
or a regional prototype plan approved by the IRS District Director to
obtain a ruling that the plan adopted is qualified under IRC sections
401(a) and 501(a). It may not be used to request a letter for a
multiple employer plan.
Current Actions: There are no changes being made to this form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 100,000.
Estimated Time per Respondent: 51hrs., 23 mins.
Estimated Total Annual Burden Hours: 5,139,000.
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.
Comments will be 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 has
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 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 14, 2020.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2020-10972 Filed 5-20-20; 8:45 am]
BILLING CODE 4830-01-P