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The Internal Revenue Service (IRS) is inviting public comments on information collections related to Section 9100 Relief for 338 Elections. This is part of their effort to reduce paperwork and burden on respondents as required by the Paperwork Reduction Act of 1995. The IRS is seeking feedback on whether these information collections are necessary, the accuracy of their burden estimates, and ways to improve the quality of the data collected. Comments should be submitted by March 18, 2025, to ensure they are considered.

The Internal Revenue Service (IRS) is inviting public comments on two forms related to self-employment taxes: Form 1040-PR and Form 1040-SS. These forms are used by self-employed individuals, including bona fide residents of Puerto Rico, to report their self-employment taxes and claim additional child tax credits. The IRS aims to gather feedback to minimize the paperwork burden and improve the forms. The public can submit their comments until April 20, 2021, and the agency is particularly receptive to suggestions on the necessity, accuracy, and ways to enhance the information collection process.

The Internal Revenue Service (IRS) is asking for public feedback on the information collection related to Form 1099-PATR, which reports taxable distributions from cooperatives. This effort is part of their ongoing attempts to lessen the paperwork and time burden for people and organizations. The IRS is especially interested in comments about whether the information collection is actually needed, how accurate their burden estimates are, and ways to make the process easier, including electronic submissions. Feedback is requested by May 27, 2025.

The IRS and Treasury Department have proposed new regulations regarding the deduction limits on high employee salaries, specifically affecting public corporations. According to section 162(m) of the Internal Revenue Code, deductions for employee pay over $1,000,000 are limited, and this proposal incorporates amendments from the American Rescue Plan Act of 2021. The regulations now consider more employees, including those in affiliated corporate groups, as part of this deduction limit. Public feedback is being accepted until March 17, 2025, and organizations are encouraged to comment electronically.

The Internal Revenue Service (IRS) is inviting the public and other federal agencies to comment on the information collections related to the Electronic Federal Tax Payment System (EFTPS). This initiative aims to reduce paperwork and the burden on respondents. Comments are encouraged on various aspects, such as the necessity of the information collection, accuracy of burden estimates, and ways to enhance the process. Written comments should be submitted by March 24, 2025, to ensure consideration.

The Internal Revenue Service (IRS) is seeking public comments on the Information Returns (IR) application for a Transmitter Control Code (TCC), as part of its effort to reduce paperwork and respondent burden. This application is for those intending to file Information Returns electronically using the FIRE System and will replace the obsolete Form 4419. Comments are invited by April 21, 2025, on various aspects of the information collection, such as its necessity and ways to improve its utility and clarity. Approved applicants will receive a 5-digit code to identify the business transmitting electronic returns.

The Department of the Treasury has issued a notice through the Internal Revenue Service (IRS) to request public comments on the forms used by tax-exempt organizations. This request is part of an ongoing effort to minimize paperwork and reduce the burden on respondents, in accordance with the Paperwork Reduction Act of 1995. The IRS has reported changes in regulatory guidance over the past year and is looking to renew the approval package for these forms. Individuals and agencies can submit their feedback on the proposed information collections by January 21, 2025.

The Internal Revenue Service (IRS) is inviting the public and federal agencies to comment on information collections for the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs, as part of the Paperwork Reduction Act of 1995. These programs offer free tax return preparation and counseling for seniors and those with low to moderate incomes, including individuals with disabilities. The IRS has announced changes in the paperwork requirements and added several new forms to ensure compliance. Public comments are encouraged and should be submitted by May 6, 2025.

The Internal Revenue Service (IRS) is seeking comments from the public and other federal agencies about certain forms used for applying for approval of standardized or nonstandardized pre-approved retirement plans. This request is part of an effort to reduce paperwork and respondent burden in compliance with the Paperwork Reduction Act of 1995. The IRS is particularly interested in feedback on the necessity, accuracy, and ways to improve the information collected, as well as methods to reduce the burden on respondents. Public comments are due by May 30, 2025, and all submitted comments will be part of the public record.

The Internal Revenue Service (IRS) is asking for public comments on information collections related to the Payout Requirements for Type III Supporting Organizations that are not functionally integrated. This is part of their ongoing efforts to reduce the paperwork burden as required by the Paperwork Reduction Act of 1995. The IRS is interested in feedback on several aspects, including the necessity and accuracy of the information collected, ways to improve its quality, and methods to reduce the burden on respondents. Comments should be sent by April 19, 2021, to ensure consideration.