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The Department of the Treasury is seeking public comments on their information collection requests, which will be reviewed by the Office of Management and Budget (OMB). These requests relate to the reporting and recordkeeping requirements under the Bank Secrecy Act (BSA) for U.S. persons with foreign financial accounts. The BSA helps combat money laundering and terrorism by requiring financial institutions to keep records and file reports helpful in various matters. The key form related to this is the FinCEN Report 114, also known as the FBAR, which must be filed annually if foreign accounts exceed $10,000 in the previous calendar year. The deadline for public feedback is February 25, 2021.

The Department of the Treasury, specifically the Office of Foreign Assets Control (OFAC), is requesting the Office of Management and Budget (OMB) to review and approve the extension of an existing form related to the Rough Diamonds Control Regulations. According to these regulations, individuals or businesses receiving shipments of rough diamonds must report the receipt to the relevant foreign exporting authority within 15 days of entry into the U.S. This process affects those involved in the international diamond trade, with an estimated total of 73 respondents and about 67 total annual burden hours for reporting. The department is inviting public comments on this collection by March 31, 2025, and details can be submitted through the specified website.

The Department of the Treasury is planning to submit information collection requests to the Office of Management and Budget (OMB) for review. This action is part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to send their comments on these requests by February 25, 2021. The requests relate to importers' records and reports, particularly focused on ensuring the correct permits and taxes for importing alcohol and tobacco products, and ensuring compliance with federal regulations.

The Department of the Treasury is seeking public comments on several information collection requests related to alcohol and tobacco regulations. These include various compliance activities such as chemist certification programs, special tax registrations, and excise tax returns. The information collected is essential for ensuring that regulations are followed and that taxes are accurately assessed and collected. Interested parties can find and comment on these requests through the government website, with feedback due by April 28, 2025.

The Department of the Treasury is seeking public comments on their proposed information collection under the Community Development Financial Institutions (CDFI) Bond Guarantee Program. This program aims to help CDFIs get long-term capital to further economic development and community growth in underserved areas. The proposed collection involves forms related to bond guarantees and financial monitoring. Comments are requested by March 31, 2025, and forms can be accessed on the CDFI Fund's website.

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.

The Department of the Treasury is announcing an opportunity for the public to comment on its information collection request regarding tax preparers. The document explains that tax preparers can use IRS Forms 8944 and 8948 to request waivers and provide explanations when not filing electronically, due to hardships. This initiative is part of complying with the Paperwork Reduction Act of 1995. Public comments are invited by March 29, 2021, and more information can be obtained by contacting Molly Stasko or visiting the website specified in the notice.

The Department of the Treasury is submitting multiple information collection requests to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act of 1995. They are seeking public comments on these requests by March 31, 2025. One request involves proposals for public contracts for supplies and services, impacting businesses with an estimated 217,838 annual burden hours. Another is related to the Coronavirus Economic Relief for Transportation Services (CERTS) program, which provided $2 billion in grants to transportation service providers both impacted by COVID-19 and required to maintain expenditure records for three years, with an estimated burden of 365 annual hours.

The Department of the Treasury is seeking public comments on its proposed information collection activities related to the Office of Foreign Assets Control (OFAC). These activities involve renewing and revising the authority to collect information under various economic sanctions programs administered by OFAC. The Treasury department is consolidating several existing requests and introducing a new form related to economic sanctions on Russia. Comments are requested by January 27, 2025, and further details can be found on the specified government website.

The Department of the Treasury has announced the insurance marketplace aggregate retention amount (IMARA) for 2025, which is a part of the Terrorism Risk Insurance Program. The IMARA for 2025 is set at $53,366,227,478 and is based on the average insurer deductibles from 2022 to 2024. This figure helps determine if the Treasury needs to recoup any payments made under the program. The IMARA calculation relies on direct earned premiums reported by insurers to the Treasury for the previous three years.