83 FR 62956 - Proposed Collection; Comment Request for Form 5304-SIMPLE, Form 5305-SIMPLE, and Notice 98-4

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 234 (December 6, 2018)

Page Range		62956-62957
FR Document		2018-26470

The Internal Revenue Service, 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. Currently, the IRS is soliciting comments concerning Form 5304-SIMPLE, Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)--Not for Use With a Designated Financial Institution; Form 5305-SIMPLE, Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)--for Use With a Designated Financial Institution; Notice 98-4, Simple IRA Plan Guidance

Federal Register, Volume 83 Issue 234 (Thursday, December 6, 2018)

[Federal Register Volume 83, Number 234 (Thursday, December 6, 2018)]
[Notices]
[Pages 62956-62957]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-26470]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5304-SIMPLE, Form 
5305-SIMPLE, and Notice 98-4

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Internal Revenue Service, 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. Currently, the IRS is soliciting 
comments concerning Form 5304-SIMPLE, Savings Incentive Match Plan for 
Employees of Small Employers (SIMPLE)--Not for Use With a Designated 
Financial Institution; Form 5305-SIMPLE, Savings Incentive Match Plan 
for Employees of Small Employers (SIMPLE)--for Use With a Designated 
Financial Institution; Notice 98-4, Simple IRA Plan Guidance

DATES: Written comments should be received on or before February 4, 
2019 to be assured of consideration.

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

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the forms, instructions, and notice should be directed to 
LaNita Van Dyke, at (202) 317-6009, at Internal Revenue Service, Room 
6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Form 5304-SIMPLE, Savings Incentive Match Plan for Employees 
of Small Employers (SIMPLE)--Not for Use With a Designated Financial 
Institution, Form 5305-SIMPLE; Savings Incentive Match Plan for 
Employees of Small Employers (SIMPLE)--for Use With a Designated 
Financial Institution; SIMPLE IRA Plan Guidance(Notice 98-4).
    OMB Number: 1545-1502.
    Form Number: Form 5304-SIMPLE, Form 5305-SIMPLE, and Notice 98-4.
    Abstract: Form 5304-SIMPLE is a model SIMPLE IRA agreement that was 
created to be used by an employer to permit employees who are not using 
a designated financial institution to make salary reduction 
contributions to a SIMPLE IRA described in Internal Revenue Code 
section 408(p). Form 5305-SIMPLE is also a model SIMPLE IRA agreement, 
but it is for use with a designated financial institutions. Notice 98-4 
provides guidance for employers and trustees regarding how they can 
comply with the requirements of Code section 408(p) in establishing and 
maintaining a SIMPLE IRA, including information regarding the 
notification and reporting requirements under Code section 408.
    Current Actions: There are no changes for the forms at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations not-
for-profit institutions, and individuals.
    Estimated Number of Respondents: 600,000.
    Estimated Time per Respondent: 3 hours, 31 minutes.
    Estimated Total Annual Burden Hours: 2,113,000.
    The following paragraph applies to all of the collections of 
information covered by this notice:

[[Page 62957]]

    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, maintenance, and purchase of services to provide 
information.

    Approved: November 26, 2018.
Laurie Brimmer,
Supervisory Tax Analyst.
[FR Doc. 2018-26470 Filed 12-4-18; 8:45 am]
 BILLING CODE 4830-01-P

62956 Federal Register / Vol. 83, No. 234 / Thursday, December 6, 2018 / Notices

Notice and request for
ACTION: unless the collection of information Plan for Employees of Small Employers
comments. displays a valid OMB control number. (SIMPLE)—for Use With a Designated
Books or records relating to a collection Financial Institution; Notice 98–4,
SUMMARY: The Internal Revenue Service, of information must be retained as long Simple IRA Plan Guidance
as part of its continuing effort to reduce as their contents may become material DATES: Written comments should be
paperwork and respondent burden, in the administration of any internal received on or before February 4, 2019
invites the general public and other revenue law. Generally, tax returns and to be assured of consideration.
Federal agencies to take this tax return information are confidential, ADDRESSES: Direct all written comments
opportunity to comment on proposed as required by 26 U.S.C. 6103. to Laurie Brimmer, Internal Revenue
and/or continuing information Request for Comments: Comments Service, Room 6526, 1111 Constitution
collections, as required by the submitted in response to this notice will Avenue NW, Washington, DC 20224.
Paperwork Reduction Act of 1995. be summarized and/or included in the FOR FURTHER INFORMATION CONTACT:
Currently, the IRS is soliciting request for OMB approval. All
comments concerning an existing notice Requests for additional information or
comments will become a matter of copies of the forms, instructions, and
of proposed rulemaking and temporary public record. Comments are invited on: notice should be directed to LaNita Van
regulations, FI–255–82 (TD 7852), (a) Whether the collection of Dyke, at (202) 317–6009, at Internal
Registration Requirements With Respect information is necessary for the proper Revenue Service, Room 6526, 1111
to Debt Obligations (§ 5f.103–1(c)). performance of the functions of the Constitution Avenue NW, Washington,
DATES: Written comments should be agency, including whether the DC 20224, or through the internet at
received on or before February 4, 2019 information shall have practical utility; Lanita.VanDyke@irs.gov.
to be assured of consideration. (b) the accuracy of the agency’s estimate SUPPLEMENTARY INFORMATION:
ADDRESSES: Direct all written comments of the burden of the collection of Title: Form 5304–SIMPLE, Savings
to Laurie Brimmer, Internal Revenue information; (c) ways to enhance the Incentive Match Plan for Employees of
Service, Room 6526, 1111 Constitution quality, utility, and clarity of the Small Employers (SIMPLE)—Not for
Avenue NW, Washington, DC 20224. information to be collected; (d) ways to Use With a Designated Financial
FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of Institution, Form 5305–SIMPLE;
Requests for additional information or information on respondents, including Savings Incentive Match Plan for
copies of regulation should be directed through the use of automated collection Employees of Small Employers
to LaNita Van Dyke, at (202) 317–6009, techniques or other forms of information (SIMPLE)—for Use With a Designated
at Internal Revenue Service, room 6526, technology; and (e) estimates of capital Financial Institution; SIMPLE IRA Plan
1111 Constitution Avenue NW, or start-up costs and costs of operation, Guidance(Notice 98–4).
Washington, DC 20224, or through the maintenance, and purchase of services OMB Number: 1545–1502.
internet at Lanita.VanDyke@irs.gov. to provide information. Form Number: Form 5304–SIMPLE,
Approved: November 26, 2018. Form 5305–SIMPLE, and Notice 98–4.
SUPPLEMENTARY INFORMATION:
Laurie Brimmer, Abstract: Form 5304–SIMPLE is a
Title: Registration Requirements With
model SIMPLE IRA agreement that was
Respect to Debt Obligations. Senior Tax Analyst.
created to be used by an employer to
OMB Number: 1545–0945. [FR Doc. 2018–26465 Filed 12–4–18; 8:45 am]
permit employees who are not using a
Regulation Project Number: FI–255– BILLING CODE 4830–01–P
designated financial institution to make
82.
salary reduction contributions to a
Abstract: These regulations require an
SIMPLE IRA described in Internal
issuer of a registration-required DEPARTMENT OF THE TREASURY
Revenue Code section 408(p). Form
obligation and any person holding the
Internal Revenue Service 5305–SIMPLE is also a model SIMPLE
obligation as a nominee or custodian on
IRA agreement, but it is for use with a
behalf of another to maintain ownership designated financial institutions. Notice
records in a manner which will permit Proposed Collection; Comment
Request for Form 5304–SIMPLE, Form 98–4 provides guidance for employers
examination by the Internal Revenue and trustees regarding how they can
Service in connection with enforcement 5305–SIMPLE, and Notice 98–4
comply with the requirements of Code
of the Internal Revenue laws. AGENCY: Internal Revenue Service (IRS), section 408(p) in establishing and
Current Actions: There is no change to Treasury. maintaining a SIMPLE IRA, including
this existing regulation. ACTION: Notice and request for information regarding the notification
Type of Review: Extension without comments. and reporting requirements under Code
change of a currently approved section 408.
collection. SUMMARY: The Internal Revenue Service,
Current Actions: There are no changes
Affected Public: Business or other for- as part of its continuing effort to reduce
for the forms at this time.
profit organizations and, state, local or paperwork and respondent burden, Type of Review: Extension of a
tribal governments. invites the general public and other currently approved collection.
Estimated Number of Recordkeepers: Federal agencies to take this Affected Public: Business or other for-
50,000. opportunity to comment on proposed profit organizations not-for-profit
Estimated Time Per Recordkeeper: 1 and/or continuing information institutions, and individuals.
hour. collections, as required by the Estimated Number of Respondents:
Estimated Total Annual Burden Paperwork Reduction Act of 1995.
khammond on DSK30JT082PROD with NOTICES

600,000.
Hours: 50,000. Currently, the IRS is soliciting Estimated Time per Respondent: 3
The following paragraph applies to all comments concerning Form 5304– hours, 31 minutes.
of the collections of information covered SIMPLE, Savings Incentive Match Plan Estimated Total Annual Burden
by this notice: for Employees of Small Employers Hours: 2,113,000.
An agency may not conduct or (SIMPLE)—Not for Use With a The following paragraph applies to all
sponsor, and a person is not required to Designated Financial Institution; Form of the collections of information covered
respond to, a collection of information 5305–SIMPLE, Savings Incentive Match by this notice:

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Federal Register / Vol. 83, No. 234 / Thursday, December 6, 2018 / Notices 62957

An agency may not conduct or DATES: Written comments should be (a) Whether the collection of
sponsor, and a person is not required to received on or before February 4, 2019 information is necessary for the proper
respond to, a collection of information to be assured of consideration. performance of the functions of the
unless the collection of information ADDRESSES: Direct all written comments agency, including whether the
displays a valid OMB control number. to L. Brimmer, Internal Revenue information shall have practical utility;
Books or records relating to a collection Service, Room 6526, 1111 Constitution (b) the accuracy of the agency’s estimate
of information must be retained as long Avenue NW, Washington, DC 20224. of the burden of the collection of
as their contents may become material FOR FURTHER INFORMATION CONTACT: information; (c) ways to enhance the
in the administration of any internal Requests for additional information or quality, utility, and clarity of the
revenue law. Generally, tax returns and copies of the form and instructions information to be collected; (d) ways to
tax return information are confidential, should be directed to Sara Covington, minimize the burden of the collection of
as required by 26 U.S.C. 6103. (202) 317–6038, at Internal Revenue information on respondents, including
Request for Comments: Comments Service, Room 6526, 1111 Constitution through the use of automated collection
submitted in response to this notice will Avenue NW, Washington, DC 20224, or techniques or other forms of information
be summarized and/or included in the through the internet at technology; and (e) estimates of capital
request for OMB approval. All Sara.L.Covington@irs.gov. or start-up costs and costs of operation,
comments will become a matter of maintenance, and purchase of services
SUPPLEMENTARY INFORMATION:
public record. to provide information.
Title: Qualifying Advanced Coal
Comments are Invited on: (a) Whether Project Program. Approved: November 29, 2018.
the collection of information is OMB Number: 1545–2003. Laurie Brimmer,
necessary for the proper performance of Regulation Project Number: Notice Senior Tax Analyst.
the functions of the agency, including 2007–52. [FR Doc. 2018–26466 Filed 12–4–18; 8:45 am]
whether the information shall have Abstract: This notice establishes the BILLING CODE 4830–01–P
practical utility; (b) the accuracy of the qualifying advanced coal project
agency’s estimate of the burden of the program under § 48A of the Internal
collection of information; (c) ways to Revenue Code. The notice provides the DEPARTMENT OF THE TREASURY
enhance the quality, utility, and clarity time and manner for a taxpayer to apply
of the information to be collected; (d) for an allocation of qualifying advanced Internal Revenue Service
ways to minimize the burden of the coal project credits and, once the
taxpayer has received this allocation, Proposed Collection; Comment
collection of information on
the time and manner for the taxpayer to Request for Regulation Project
respondents, including through the use
of automated collection techniques or file for a certification of its qualifying AGENCY: Internal Revenue Service (IRS),
other forms of information technology; advanced coal project. Treasury.
and (e) estimates of capital or start-up Current Actions: There are no changes
ACTION: Notice and request for
costs and costs of operation, in the paperwork burden previously
comments.
maintenance, and purchase of services approved by OMB.
to provide information. Type of Review: Extension of a SUMMARY: The Internal Revenue Service,
currently approved collection. as part of its continuing effort to reduce
Approved: November 26, 2018.
Affected Public: Businesses and other paperwork and respondent burden,
Laurie Brimmer, for-profit organizations. invites the general public and other
Supervisory Tax Analyst. Estimated Number of Respondents: Federal agencies to take this
[FR Doc. 2018–26470 Filed 12–4–18; 8:45 am] 45. opportunity to comment on proposed
BILLING CODE 4830–01–P Estimated Time Per Respondent: 110 and/or continuing information
hours. collections, as required by the
Estimated Total Annual Burden Paperwork Reduction Act of 1995.
DEPARTMENT OF THE TREASURY Hours: 4,950. Currently, the IRS is soliciting
The following paragraph applies to all comments concerning Distributions of
Internal Revenue Service of the collections of information covered Stock and Stock Rights.
by this notice:
Proposed Collection; Comment DATES: Written comments should be
An agency may not conduct or
Request for Notice 2007–52 received on or before February 4, 2019
sponsor, and a person is not required to
to be assured of consideration.
AGENCY: Internal Revenue Service (IRS), respond to, a collection of information
unless the collection of information ADDRESSES: Direct all written comments
Treasury. to Laurie Brimmer, Internal Revenue
displays a valid OMB control number.
Notice and request for
ACTION: Books or records relating to a Service, Room 6526, 1111 Constitution
comments. collection of information must be Avenue NW, Washington, DC 20224.
retained as long as their contents may FOR FURTHER INFORMATION CONTACT:
SUMMARY: The Internal Revenue Service, become material in the administration Requests for additional information or
as part of its continuing effort to reduce of any internal revenue law. Generally, copies of the regulation should be
paperwork and respondent burden, tax returns and tax return information directed to LaNita Van Dyke, at (202)
invites the general public and other are confidential, as required by 26 317–6009, at Internal Revenue Service,
khammond on DSK30JT082PROD with NOTICES

Federal agencies to take this U.S.C. 6103. Room 6526, 1111 Constitution Avenue
opportunity to comment on information Request for Comments: Comments NW, Washington, DC 20224, or through
collections, as required by the submitted in response to this notice will the internet at Lanita.VanDyke@irs.gov.
Paperwork Reduction Act of 1995. The be summarized and/or included in the SUPPLEMENTARY INFORMATION:
IRS is soliciting comments concerning request for OMB approval. All Title: Distributions of Stock and Stock
Notice 2007–52, Qualifying Advanced comments will become a matter of Rights.
Coal Project Program. public record. Comments are invited on: OMB Number: 1545–1438.

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Document Created: 2018-12-05 02:36:10
Document Modified: 2018-12-05 02:36:10

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comments.
Dates		Written comments should be received on or before February 4, 2019 to be assured of consideration.
Contact		Requests for additional information or copies of the forms, instructions, and notice should be directed to LaNita Van Dyke, at (202) 317-6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at [email protected]
FR Citation		83 FR 62956

83 FR 62956 - Proposed Collection; Comment Request for Form 5304-SIMPLE, Form 5305-SIMPLE, and Notice 98-4

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 234 (December 6, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service