Search Results for keywords:"information collection process"

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Search Results: keywords:"information collection process"

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  • 2021-03696 — Data Collection Available for Public Comments
    Type:Notice
    Citation:86 FR 11042
    Reading Time:about 2 minutes

    The Small Business Administration (SBA) is seeking public comments on a new information collection related to identity theft and the Economic Injury Disaster Loan (EIDL) program. This initiative comes in response to instances of identity theft related to COVID-19 loan applications. Individuals who believe their identity was used without their consent for an EIDL application must fill out SBA Form 3513. The SBA is interested in public feedback on the necessity, burden, and ways to improve this information collection process. Comments are due by April 26, 2021.

    Simple Explanation

    The Small Business Administration (SBA) wants to hear what people think about a form for reporting stolen identities from COVID-19 loan applications. They need help to make sure filling out the form is easy and safe, and you have until April 26, 2021, to tell them your thoughts.

  • 2021-03136 — Proposed Collection; Comment Request for Form 8971
    Type:Notice
    Citation:86 FR 9996
    Reading Time:about 3 minutes

    The Internal Revenue Service (IRS) has issued a notice inviting comments on the information collection process related to Form 8971, which concerns beneficiaries acquiring property from a decedent. This initiative is part of the IRS's efforts to reduce paperwork and respondent burden. The form is used for reporting estate tax values on inherited property, and beneficiaries are required to use these values as the initial basis for their property. Interested parties are encouraged to submit their comments by April 19, 2021, to help improve the process.

    Simple Explanation

    The IRS wants people to share their thoughts on a form (Form 8971) that helps show how much inherited stuff is worth for taxes. They hope to make it easier for everyone to use, and anyone who has ideas should share them before April 19, 2021.