[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Notices]
[Pages 77705-77706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31450]
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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)). Currently, the IRS is soliciting comments concerning
certain cash or deferred arrangements and employee and matching
contributions under employee plans, and retirement plans; cash or
deferred arrangements.
DATES: Written comments should be received on or before February 16,
2016 to be assured of consideration.
ADDRESSES: Direct all written comments to Michael Joplin, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation 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: Certain Cash or Deferred Arrangements and Employee and
Matching Contributions under Employee Plans: Retirement Plans; Cash or
Deferred Arrangements.
OMB Number: 1545-1069.
Regulation Project Number: EE-175-86; Reg-108639-99.
Abstract: This regulation provides the public with the guidance
needed to comply with sections 40(k), 401(m), and 4979 of the Internal
Revenue Code. The regulation affects sponsors of plans that contain
cash or deferred arrangements of employee or matching contributions,
and employees who are entitled to make elections under these plans.
Current Actions: There are no changes to the existing regulations.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, not-
for-profit institutions, farms, and state, local, or tribal
governments.
Estimated Number of Respondents: 355,500.
Estimated Time per Respondent: 3 hours.
Estimated Total Annual Burden Hours: 1,060,000.
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
[[Page 77706]]
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: December 3, 2015.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2015-31450 Filed 12-14-15; 8:45 am]
BILLING CODE 4830-01-P