Search Results for keywords:"government payments"

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Search Results: keywords:"government payments"

  • Type:Notice
    Citation:90 FR 125
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is asking for public comments on the collection of information required for Form 1099-G, which reports certain government payments. This initiative is part of the IRS's ongoing efforts to reduce paperwork and ease the burden on respondents, as mandated by the Paperwork Reduction Act of 1995. The IRS is interested in feedback on the necessity of the information, the accuracy of burden estimates, ideas to improve data quality and clarity, and ways to minimize the burden of information collection through technology. Comments must be submitted by March 3, 2025, and will be public records.

    Simple Explanation

    The IRS, who helps manage taxes, wants people to share ideas on how they can make filling out a form about government payments easier and less time-consuming. They are asking for these ideas by March 3, 2025, and want to make sure that everyone can understand and give their thoughts, but it might be a bit tricky because the language is a little complicated.