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The Internal Revenue Service (IRS) is asking for public comments on its information collection efforts related to banks' bad debt reserves as part of its ongoing mission to reduce paperwork and burden on respondents. This feedback request is in line with the Paperwork Reduction Act of 1995. Comments are due by March 24, 2025, and will help assess whether these collections of information are necessary, how accurate the burden estimates are, and explore ways to improve and streamline the process. The public can submit comments via mail or email to the contacts provided in the document.

The Internal Revenue Service (IRS) is seeking comments on Form 8850 as part of its effort to reduce paperwork and the burden on respondents, in line with the Paperwork Reduction Act of 1995. This form, used by employers, helps to certify employees from targeted groups for the Work Opportunity Credit. The deadline for submitting written comments is April 28, 2025. Interested parties can direct their comments to Andres Garcia at the IRS, and any submitted feedback will be considered in the request for approval by the Office of Management and Budget (OMB).

The Internal Revenue Service (IRS), part of the Treasury Department, announced a public meeting of the Taxpayer Advocacy Panel's Toll-Free Phone Lines Project Committee. The meeting is scheduled for Tuesday, March 9, 2021, and aims to gather public comments and ideas to enhance customer service at the IRS. Members of the public are encouraged to participate, either by sharing their thoughts during the meeting or by submitting written statements in advance. Those interested must notify Rosalind Matherne to express their intention to join.

The U.S. Department of the Treasury's Internal Revenue Service (IRS) is seeking public comments on proposed information collection related to U.S. Employment Tax Returns and various related forms. This request, part of the IRS's effort to lessen the paperwork burden on taxpayers, falls under the Paperwork Reduction Act of 1995. The IRS aims to gather feedback by February 24, 2025, and the information collected is used to ensure the accuracy of reported employment tax-related activities. The forms are essential for employers to report tax activities, with an estimated 7.4 million respondents spending approximately 63 hours each on compliance.

The Internal Revenue Service (IRS) is asking for public feedback on the ongoing collection of information related to sales of business property, as outlined by the Paperwork Reduction Act of 1995. This involves the use of Form 4797 to report sales, exchanges, or involuntary conversions of business assets. The IRS seeks comments on various aspects of this information gathering, including its necessity, accuracy, and ways to improve efficiency and reduce respondent burden. Comments should be submitted by March 16, 2021, to ensure consideration.

The Internal Revenue Service (IRS), under the Treasury Department, announced an open meeting of the Taxpayer Advocacy Panel's Toll-Free Phone Lines Project Committee. The meeting is scheduled for February 10, 2021, and aims to gather public feedback, ideas, and suggestions for improving customer service at the IRS. Interested members of the public can participate by making oral comments or submitting written statements, and must notify Rosalind Matherne in advance to attend. Additional information can be found by contacting the provided phone numbers or visiting the IRS improvement website.

The Internal Revenue Service (IRS) is seeking public comments on several forms related to tax withholding for foreign individuals and entities. This is part of the IRS's ongoing effort to reduce paperwork and ensure these forms, which include W-8BEN and W-8ECI, serve their purpose effectively. Comments are invited on various aspects of these collections, such as their necessity, accuracy, and ways to improve clarity and reduce the burden on respondents. Feedback is requested before April 19, 2021, to ensure it is considered.

The Treasury Department's Internal Revenue Service (IRS) is requesting public comments on forms used by business entities, as part of efforts to reduce paperwork and respondent burden. This request is in compliance with the Paperwork Reduction Act of 1995 and involves forms such as 1065, 1120, and others related to business income tax returns. The IRS estimates that 13.9 million respondents will spend an average of 67 hours and 25 minutes, with a total annual monetized time valued at $56,152,000,000, and total out-of-pocket costs at $71,617,000,000. Comments are to be received by January 21, 2025, to ensure consideration.

The Internal Revenue Service (IRS) is inviting public comments on its information collection requirements related to requests for ruling and determination letters. This request is part of the IRS's efforts to reduce paperwork and respondent burden as mandated by the Paperwork Reduction Act of 1995. Individuals or households are the affected public, with an estimated 3,966 respondents and an average response time of 79.70 hours each. Comments are sought to evaluate the necessity, accuracy, and potential burden reduction of the information collection process, and must be submitted by February 4, 2025.

The Internal Revenue Service (IRS) is asking for feedback from the public and other federal agencies on the continuation of certain information collection activities related to Form 1041-A, used for reporting charitable trust accumulations. This request comes as part of efforts to minimize paperwork burdens, as mandated by the Paperwork Reduction Act of 1995. The IRS is particularly interested in comments about whether this information collection is necessary, accurate, and could be improved. The deadline for submitting comments is April 19, 2021.