[Federal Register Volume 64, Number 40 (Tuesday, March 2, 1999)]
[Notices]
[Pages 10178-10179]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-5125]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[GL-238-88]
Proposed Collection; Comment Request For Regulation Project.
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 an
existing final regulation, GL-238-88 (TD 8549), Preparer Penalties--
Manual Signature Requirement (sec. 1.6695-1(b)).
DATES: Written comments should be received on or before May 3, 1999 to
be assured of consideration.
ADDRESSES: Direct all written comments to Garrick R. Shear, Internal
Revenue Service, room 5571, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this regulation should be directed to Faye Bruce, (202) 622-
6665, Internal Revenue Service, room 5577, 1111 Constitution Avenue
NW., Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Preparer Penalties--Manual Signature Requirement.
OMB Number: 1545-1385.
Regulation Project Number: GL-238-88.
Abstract: This regulation provides that persons who prepare U.S.
fiduciary income tax returns for compensation may, under certain
conditions, satisfy the manual signature requirements by using a
facsimile signature. However, they will be required to submit to the
IRS a list of the names and identifying numbers of all fiduciary
returns which are being filed with a facsimile signature.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 20,000.
Estimated Time Per Respondent: 1 hour and 17 minutes.
Estimated Total Annual Burden Hours: 25,825 hours.
The following paragraph applies to all of 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
[[Page 10179]]
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
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: February 18, 1999.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 99-5125 Filed 3-1-99; 8:45 am]
BILLING CODE 4830-01-U
