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.
Simple Explanation
The IRS wants to make sure people fill out their work tax forms correctly, and they are asking people for ideas on how to make the forms easier to use. They say it costs a lot of money and time to fill out these forms, but they want your help to make it better.