Search Results for citation:"86 FR 10000"

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Search Results: citation:"86 FR 10000"

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  • 2021-03129 — Proposed Collection; Comment Request for Form 1041-A
    Type:Notice
    Citation:86 FR 10000
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    The IRS wants to know what people think about a form that tells them about money saved in trust accounts for charity. They want to make sure the form is easy to understand and not too hard to fill out.

  • 2021-03128 — Proposed Collection; Comment Request for Regulation Project
    Type:Notice
    Citation:86 FR 10000
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is asking for public comments on certain information collections related to product liability losses and how they are accumulated. This request is part of their ongoing efforts to reduce paperwork and the burden on respondents. Comments are especially welcome on topics such as the necessity of the information collection, its usefulness, and ways to reduce the burden of collecting it. The deadline for submitting comments is April 19, 2021.

    Simple Explanation

    The IRS wants people to say what they think about some forms and questions that help figure out how companies deal with certain kinds of money losses. They are asking for ideas on how the forms can be easier to fill out without being too confusing or hard to understand.