[Federal Register: March 25, 2008 (Volume 73, Number 58)]
[Notices]
[Page 15839-15840]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25mr08-126]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2002-
15
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Revenue Procedure 2002-15, Automatic Relief for Late Initial Entity
Classification Elections--Check the Box.
DATES: Written comments should be received on or before May 27, 2008 to
be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for copies of the regulations
should be directed to Allan Hopkins at Internal Revenue Service, room
6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202)
622-6665, or through the Internet at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Automatic Relief for Late Initial Entity Classification
Elections--Check the Box.
OMB Number: 1545-1771.
Revenue Procedure Number: Revenue Procedure 2002-15.
Abstract: Revenue Procedure 2002-15 provides that, in certain
circumstances, taxpayers whose initial entity classification election
was filed late can obtain relief by filing Form 8832 and attaching a
statement explaining that the requirements of the revenue procedure
have been met.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 100.
Estimated Time per Respondent: 1 hour.
Estimated Total Annual Burden Hours: 100.
The following paragraph applies to all the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number.
Books or records relating to a collection of information must be
retained as long as their contents may become material in the
administration of any internal revenue law. Generally, tax returns and
tax return information are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the
[[Page 15840]]
quality, utility, and clarity of the information to be collected; (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology; and (e) estimates
of capital or start-up costs and costs of operation, maintenance, and
purchase of services to provide information.
Approved: March 11, 2008.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-5945 Filed 3-24-08; 8:45 am]
BILLING CODE 4830-01-P