Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 15254
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Issuing agencies
Abstract
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments concerning the burden associated with Form 15254, Request for Section 754 Revocation.
Full Text
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<title>Federal Register, Volume 88 Issue 192 (Thursday, October 5, 2023)</title>
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[Federal Register Volume 88, Number 192 (Thursday, October 5, 2023)]
[Notices]
[Pages 69288-69289]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-22191]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request for Form 15254
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments
concerning the burden associated with Form 15254, Request for Section
754 Revocation.
DATES: Written comments should be received on or before December 4,
2023 to be assured of consideration.
ADDRESSES: Direct all written comments to Andr[eacute]s Garcia,
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or by email to <a href="/cdn-cgi/l/email-protection#a0d0d2c18ec3cfcdcdc5ced4d3e0c9d2d38ec7cfd6"><span class="__cf_email__" data-cfemail="c1b1b3a0efa2aeacaca4afb5b281a8b3b2efa6aeb7">[email protected]</span></a>. Please
include, ``OMB Number: 1545-2297--Public Comment Request Notice'' in
the Subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, at Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW, Washington, DC 20224, or through the
internet at <a href="/cdn-cgi/l/email-protection#b7e5fdd8c4d2c7df99f3c2c5d5d6dbd6f7dec5c499d0d8c1"><span class="__cf_email__" data-cfemail="16445c796573667e3852636474777a77567f646538717960">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Request for Section 754 Revocation.
OMB Number: 1545-2297.
[[Page 69289]]
Document Number: 15254.
Abstract: Form 15254 is a public use form which will be submitted
by partnerships to request a Section 754 Revocation. Partnerships,
partners, and their representatives will need to access the form from
<a href="http://IRS.gov">IRS.gov</a> to complete and submit the form along with the required
documents.
Current Actions: There are no changes to the burden previously
approved by OMB. This request is to extend the current approval for
another 3 years.
Type of Review: Extension of a currently approved collection.
Affected Public: Business and other for-profit organizations.
Estimated Number of Respondents: 50.
Estimated Time per Respondent: 5 hrs., 7 min.
Estimated Total Annual Burden Hours: 256.
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 if 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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
<bullet> Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
<bullet> Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used.
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> Minimize the burden of the collection of information on
those who are to respond, including using appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., by permitting electronic
submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: October 2, 2023.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2023-22191 Filed 10-4-23; 8:45 am]
BILLING CODE 4830-01-P
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