The Internal Revenue Service (IRS) is seeking public comments on Form 6765, which relates to the Credit for Increasing Research Activities. This request is part of an effort to reduce paperwork and make the process easier for individuals and businesses that use the form to report research-related tax credits. Comments from the public and other agencies are welcomed to ensure the form meets its purpose efficiently, and should be submitted by April 19, 2021. The form’s usage is governed by the Paperwork Reduction Act, and it helps verify the correctness of tax credits claimed for research activities.
Simple Explanation
The IRS wants people to tell them what they think about a form that helps with getting money back for doing research. They're asking for ideas on how to make the form easier to use, and you need to let them know by April 19, 2021.