81_FR_36763 81 FR 36654 - Proposed Collection; Comment Request for Revenue Procedure 2016-29.

81 FR 36654 - Proposed Collection; Comment Request for Revenue Procedure 2016-29.

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 109 (June 7, 2016)

Page Range36654-36655
FR Document2016-13435

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 2016-29, Changes in accounting periods and methods of accounting.

Federal Register, Volume 81 Issue 109 (Tuesday, June 7, 2016) 
[Federal Register Volume 81, Number 109 (Tuesday, June 7, 2016)]
[Notices]
[Pages 36654-36655]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-13435]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2016-
29.

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 2016-29, Changes in accounting periods and methods of 
accounting.

DATES: Written comments should be received on or before August 8, 2016 
to be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies should be directed to Sara Covington at Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, 
or through the internet at Sara.L.Covington@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Changes in accounting periods and in methods of accounting.
    OMB Number: 1545-1551.
    Revenue Procedure Number: Revenue Procedure 2016-29.
    Abstract: The information collected in the revenue procedure is 
required in order for the Commissioner to determine whether the 
taxpayer properly is requesting to change its method of accounting and 
the terms and conditions of the change.
    Current Actions: Revenue Procedure 2016-29 provides the list of 
automatic changes to which the automatic change procedures in Rev. 
Proc. 2015-13, 2015-5 I.R.B. 419, as clarified and modified by Rev. 
Proc. 2015-33, 2015-24 I.R.B. 1067,and as modified by Rev. Proc. 2016-
1, 2016-1 I.R.B.1 (or successor) apply.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, not-for-profit institutions, and farms.
    Estimated Number of Respondents: 27,336.
    Estimated Time per Respondent: 1 hour, 15 minutes.
    Estimated Total Annual Burden Hours: 30,580.
    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 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,

[[Page 36655]]

maintenance, and purchase of services to provide information.

    Approved: May 31, 2016.
Sara Covington,
IRS Tax Analyst.
[FR Doc. 2016-13435 Filed 6-6-16; 8:45 am]
 BILLING CODE 4830-01-P

36654 Federal Register / Vol. 81, No. 109 / Tuesday, June 7, 2016 / Notices customer service at the Internal Revenue Committee will be held Tuesday, July 5, OMB Number: 1545–1551. Service. 2016, at 1:00 p.m. Eastern Time via Revenue Procedure Number: Revenue DATES: The meeting will be held teleconference. The public is invited to Procedure 2016–29. Thursday, July 14, 2016. make oral comments or submit written Abstract: The information collected in FOR FURTHER INFORMATION CONTACT: statements for consideration. Due to the revenue procedure is required in Donna Powers at 1–888–912–1227 or limited conference lines, notification of order for the Commissioner to (954) 423–7977. intent to participate must be made with determine whether the taxpayer SUPPLEMENTARY INFORMATION: Notice is Kim Vinci. For more information please properly is requesting to change its hereby given pursuant to section contact: Kim Vinci at 1–888–912–1227 method of accounting and the terms and 10(a)(2) of the Federal Advisory or 916–974–5086, TAP Office, 4330 conditions of the change. Committee Act, 5 U.S.C. App. (1988) Watt Ave, Sacramento, CA 95821, or Current Actions: Revenue Procedure that an open meeting of the Taxpayer contact us at the Web site: http:// 2016–29 provides the list of automatic Advocacy Panel Tax Forms and www.improveirs.org. changes to which the automatic change Publications Project Committee will be The agenda will include a discussion procedures in Rev. Proc. 2015–13, held Thursday, July 14, 2016, at 1:00 on various special topics with IRS 2015–5 I.R.B. 419, as clarified and p.m.. Eastern Time via teleconference. processes. modified by Rev. Proc. 2015–33, 2015– The public is invited to make oral Dated: June 1, 2016. 24 I.R.B. 1067,and as modified by Rev. comments or submit written statements Otis Simpson, Proc. 2016–1, 2016–1 I.R.B.1 (or for consideration. Due to limited Acting Director Taxpayer Advocacy Panel. successor) apply. conference lines, notification of intent Type of Review: Revision of a [FR Doc. 2016–13434 Filed 6–6–16; 8:45 am] to participate must be made with Donna currently approved collection. BILLING CODE 4830–01–P Powers. For more information please Affected Public: Individuals or contact: Donna Powers at 1–888–912– households, business or other for-profit 1227 or (954) 423–7977 or write: TAP DEPARTMENT OF THE TREASURY organizations, not-for-profit institutions, Office, 1000 S. Pine Island Road, and farms. Plantation, FL 33324 or contact us at the Internal Revenue Service Estimated Number of Respondents: Web site: http://www.improveirs.org. 27,336. The committee will be discussing Proposed Collection; Comment Estimated Time per Respondent: 1 various issues related to Tax Forms and Request for Revenue Procedure 2016– hour, 15 minutes. Publications and public input is 29. Estimated Total Annual Burden welcomed. Hours: 30,580. AGENCY: Internal Revenue Service (IRS), Treasury. The following paragraph applies to all Dated: June 1, 2016. the collections of information covered Otis Simpson, ACTION: Notice and request for by this notice: Acting Director, Taxpayer Advocacy Panel. comments. An agency may not conduct or [FR Doc. 2016–13431 Filed 6–6–16; 8:45 am] sponsor, and a person is not required to SUMMARY: The Department of the BILLING CODE 4830–01–P Treasury, as part of its continuing effort respond to, a collection of information to reduce paperwork and respondent unless the collection of information burden, invites the general public and displays a valid OMB control number. DEPARTMENT OF THE TREASURY Books or records relating to a collection other Federal agencies to take this Internal Revenue Service opportunity to comment on proposed of information must be retained as long and/or continuing information as their contents may become material Open Meeting of the Taxpayer collections, as required by the in the administration of any internal Advocacy Panel Special Projects Paperwork Reduction Act of 1995, revenue law. Generally, tax returns and Committee Public Law 104–13(44 U.S.C. tax return information are confidential, 3506(c)(2)(A)). Currently, the IRS is as required by 26 U.S.C. 6103. AGENCY: Internal Revenue Service (IRS) Request For Comments: Comments Treasury. soliciting comments concerning Revenue Procedure 2016–29, Changes in submitted in response to this notice will ACTION: Notice of meeting. be summarized and/or included in the accounting periods and methods of SUMMARY: An open meeting of the accounting. request for OMB approval. All Taxpayer Advocacy Panel Special comments will become a matter of DATES: Written comments should be public record. Comments are invited on: Projects Committee will be conducted. received on or before August 8, 2016 to The Taxpayer Advocacy Panel is (a) Whether the collection of be assured of consideration. information is necessary for the proper soliciting public comments, ideas, and ADDRESSES: Direct all written comments suggestions on improving customer performance of the functions of the to Tuawana Pinkston, Internal Revenue agency, including whether the service at the Internal Revenue Service. Service, Room 6526, 1111 Constitution information shall have practical utility; DATES: The meeting will be held Avenue NW., Washington, DC 20224. (b) the accuracy of the agency’s estimate Tuesday, July 5, 2016. FOR FURTHER INFORMATION CONTACT: of the burden of the collection of FOR FURTHER INFORMATION CONTACT: Kim Requests for additional information or information; (c) ways to enhance the asabaliauskas on DSK3SPTVN1PROD with NOTICES Vinci at 1–888–912–1227 or 916–974– copies should be directed to Sara quality, utility, and clarity of the 5086. Covington at Internal Revenue Service, information to be collected; (d) ways to SUPPLEMENTARY INFORMATION: Notice is Room 6526, 1111 Constitution Avenue minimize the burden of the collection of hereby given pursuant to Section NW., Washington, DC 20224, or through information on respondents, including 10(a)(2) of the Federal Advisory the internet at Sara.L.Covington@irs.gov. through the use of automated collection Committee Act, 5 U.S.C. App. (1988) SUPPLEMENTARY INFORMATION: techniques or other forms of information that a meeting of the Taxpayer Title: Changes in accounting periods technology; and (e) estimates of capital Advocacy Panel Special Projects and in methods of accounting. or start-up costs and costs of operation, VerDate Sep<11>2014 19:13 Jun 06, 2016 Jkt 238001 PO 00000 Frm 00139 Fmt 4703 Sfmt 4703 E:\FR\FM\07JNN1.SGM 07JNN1

Federal Register / Vol. 81, No. 109 / Tuesday, June 7, 2016 / Notices 36655 maintenance, and purchase of services Liaison to the CCAC; 801 9th Street between the hours of 8:00 a.m. and 4:30 to provide information. NW., Washington, DC 20220; or call p.m., Monday through Friday (except Approved: May 31, 2016. 202–354–7200. holidays). Please call (202) 461–4902 Any member of the public interested (this is not a toll-free number) for an Sara Covington, in submitting matters for the CCAC’s appointment. IRS Tax Analyst. consideration is invited to submit them [FR Doc. 2016–13435 Filed 6–6–16; 8:45 am] by fax to the following number: 202– FOR FURTHER INFORMATION CONTACT: BILLING CODE 4830–01–P 756–6525. Veterans Health Administration (VHA) Privacy Officer, Department of Veterans Authority: 31 U.S.C. 5135(b)(8)(C). Affairs, 810 Vermont Avenue NW., DEPARTMENT OF THE TREASURY Dated: June 2, 2016. Washington, DC 20420; telephone (704) Richard A. Peterson, 245–2492. United States Mint Deputy Director for Manufacturing and SUPPLEMENTARY INFORMATION: The Quality, United States Mint. Citizens Coinage Advisory Committee system number is changed from 65VA15 [FR Doc. 2016–13403 Filed 6–6–16; 8:45 am] to 65VA10RCS to reflect the current June 27, 2016 Public Meeting BILLING CODE P organizational alignment. AGENCY: United States Mint, Treasury. The System Location has been ACTION: Announcement of meeting. amended to replace sections (a) DEPARTMENT OF VETERANS Counseling Folder and (b) Client SUMMARY: Pursuant to United States AFFAIRS Information File with the amended Code, Title 31, section 5135(b)(8)(C), the United States Mint announces the Privacy Act of 1974; System of section (a) which will read: Vet Center Citizens Coinage Advisory Committee Records Client Record: Starting in fiscal year (CCAC) public meeting scheduled for 2010 the location of the Client Record June 27, 2016. AGENCY: Department of Veterans Affairs was transitioned from paper files Date: June 27, 2016. (VA). maintained at each individual Vet Time: 6:00 p.m. to 9:00 p.m. (Public ACTION:Notice of altered Privacy Act Center to being electronically Meeting followed by Public Forum). system of records. maintained in the national Location: Gaylord Hall in the Worner computerized intra-net database Center, Campus of Colorado College, SUMMARY: As required by the Privacy (RCSNet). The Readjustment Counseling 902 N. Cascade Ave., Colorado Springs, Act of 1974, 5 U.S.C. 552a(e), notice is Service Net (RCSNet) servers are located CO 80903. hereby given that the Department of in Philadelphia, PA in a secure, Subject: Review and discussion of the Veterans Affairs (VA) is amending the protected, and approved VA Office of candidate designs for the 2018 America system of records currently entitled, Information and Technology (OI&T) the Beautiful Quarters Program; review ‘‘Readjustment Counseling Service Service Delivery and Engineering (SDE) and discussion of candidate designs for (RCS) Vet Center Program-VA,’’ site maintained by OI&T personnel. Full the President Obama Presidential (64VA15) as set forth in the Federal confidentiality for RCS Veteran client Medals (Terms One and Two); Register 74 FR 29019. VA is amending information is maintained by limiting discussion of future palladium coin the system by revising the System access to RCS qualified personnel with program; and election of jurors for the Number, System Location, Categories of the appropriate authority to administer Breast Cancer Awareness Individuals Covered by the System, RCS program data systems. Section (b) Commemorative Coin Competition. Category of Records in the System, will state that authorized RCS staff will Interested persons should call the Purpose, Storage, Retrievability, have access to the Client Record via CCAC HOTLINE at (202) 354–7502 for Safeguard, Retention and Disposal, stand-alone computers located in locked the latest update on meeting time and System Manager and Address, RCS facilities: Vet Centers, District room location. Notification Procedure, and Record Director Offices, and VA Central Office. Immediately following the public Source Categories. VA is republishing Section (c) will be added to state that all meeting the CCAC will be holding a the system notice in its entirety. paper Client Records established prior public forum to receive input from DATES: Comments on this new system of to 2010 are being archived and scanned collectors and the general public. records must be received no later than In accordance with 31 U.S.C. 5135, copies have been are uploaded into July 7, 2016. If no public comment is RCSNet. the CCAC: received during the period allowed for • Advises the Secretary of the Categories of Individuals Covered by comment or unless otherwise published the System has been amended to add Treasury on any theme or design proposals relating to circulating coinage, in the Federal Register by VA, the new Servicemembers. Also added is that the bullion coinage, Congressional Gold system will become effective July 7, Vet Center eligibility will also include Medals, and national and other medals. 2016. any Veteran or Servicemember who • Advises the Secretary of the ADDRESSES: Written comments provided direct emergency medical or Treasury with regard to the events, concerning the proposed amended mental health care, or mortuary persons, or places to be commemorated system of records may be submitted by: services, to the casualties of combat by the issuance of commemorative coins mail or hand-delivery to Director, operations, but whose service at the in each of the five calendar years Regulations Management (02REG), time was outside of the combat theater. asabaliauskas on DSK3SPTVN1PROD with NOTICES succeeding the year in which a Department of Veterans Affairs, 810 Additionally, eligibility under this commemorative coin designation is Vermont Avenue NW., Room 1068, authority includes any Veteran or made. Washington, DC 20420; fax to (202) Servicemember who engaged in combat • Makes recommendations with 273–9026; or email to http:// with an enemy by remotely controlling respect to the mintage level for any www.Regulations.gov. All comments any aspect of unmanned aerial vehicle commemorative coin recommended. received will be available for public operations, regardless of whether the FOR FURTHER INFORMATION CONTACT: inspection in the Office of Regulation location of such operations was outside William Norton, United States Mint Policy and Management, Room 1063B, the combat theater. VerDate Sep<11>2014 19:13 Jun 06, 2016 Jkt 238001 PO 00000 Frm 00140 Fmt 4703 Sfmt 4703 E:\FR\FM\07JNN1.SGM 07JNN1


Document Created: 2018-02-08 07:32:04
Document Modified: 2018-02-08 07:32:04
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before August 8, 2016 to be assured of consideration.
ContactRequests for additional information or copies should be directed to Sara Covington at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]
FR Citation81 FR 36654 
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