[Federal Register Volume 80, Number 85 (Monday, May 4, 2015)]
[Notices]
[Page 25361]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-10323]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
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)). The IRS is soliciting comments concerning information
collection requirements related to substantiation and reporting
requirements for cash and noncash charitable contribution deductions.
DATES: Written comments should be received on or before July 6, 2015 to
be assured of consideration.
ADDRESSES: Direct all written comments to Christie Preston, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Allan Hopkins at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Substantiation and Reporting Requirements for Cash and
Noncash Charitable Contribution Deductions.
OMB Number: 1545-1953.
Regulation Project Number: REG-140029-07 (NPRM).
Abstract: These proposed regulations provide guidance concerning
substantiation and reporting requirements for cash and noncash
charitable contributions under section 170 of the Internal Revenue Code
(Code). The regulations reflect the enactment of provisions of the
American Jobs Creation Act of 2004 and the Pension Protection Act of
2006. The regulations provide guidance to individuals, partnerships,
and corporations that make charitable contributions, and will affect
any donor claiming a deduction for a charitable contribution after the
date these regulations are published as final regulations in the
Federal Register.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business, other for-profit organizations.
Estimated Number of Respondents: 201,920.
Estimated Total Annual Burden Hours: 226,419.
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 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; (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: April 27, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-10323 Filed 5-1-15; 8:45 am]
BILLING CODE 4830-01-P