The Department of the Treasury has announced that they will be submitting various information collection requests to the Office of Management and Budget (OMB) for review. These requests are part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to submit comments by January 21, 2025, for consideration. The notice includes details about different forms and applications used by the Internal Revenue Service (IRS) for purposes such as employee pensions and advisory council membership, along with estimated burdens associated with each.
Simple Explanation
The Treasury Department wants to ask people for their thoughts on different forms used by the IRS, which help with things like taxes and retirement. People can tell them what they think until January 21, 2025, and the department will look at all the comments to see how they might improve things.