Federal Register / Vol. 83, No. 124 / Wednesday, June 27, 2018 / Notices 30223 

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 requirements 

respecting the adoption or change of 

accounting method; extensions of time 

to make elections. 

DATES: Written comments should be 

received on or before August 27, 2018 

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 regulation 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 Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Requirements Respecting the 

Adoption or Change of Accounting 

Method; Extensions of Time to Make 

Elections. 

OMB Number: 1545–1488. 

Regulation Project Number: TD 8742. 

Abstract: This final regulation 

provides the procedures for requesting 

an extension of time to make certain 

elections, including changes in 

accounting method and accounting 

period. In addition, the regulation 

provides the standards that the IRS will 

use in determining whether to grant 

taxpayers extensions of time to make 

these elections. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of 

currently approved collection. 

Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, and farms. 

Estimated Number of Respondents: 

500. 

Estimated Time per Respondent: 10 

hours. 

Estimated Total Annual Burden 

Hours: 5,000. 

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 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: June 20, 2018. 

Laurie Brimmer, 

Senior Tax Analyst. 

[FR Doc. 2018–13750 Filed 6–26–18; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Multiple 

Fiscal Service Information Collection 

Requests 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury will submit the following 

information collection requests to the 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments should be received on 

or before July 27, 2018 to be assured of 

consideration. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, to 

(1) Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Attention: Desk Officer for 

Treasury, New Executive Office 

Building, Room 10235, Washington, DC 

20503, or email at OIRA_Submission@

OMB.EOP.gov and (2) Treasury PRA 

Clearance Officer, 1750 Pennsylvania 

Ave. NW, Suite 8142, Washington, DC 

20220, or email at PRA@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Jennifer Quintana by 

emailing PRA@treasury.gov, calling 

(202) 622–0489, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Bureau of the Fiscal Service (FS) 

Title: Schedule of Excess Risks. 

OMB Control Number: 1530–0062. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Listing of Excess Risks 

written or assumed by Treasury 

Certified Companies for compliance 

with Treasury Regulations to assist in 

determination of solvency of Certified 

companies for the benefit of writing 

Federal surety bonds. 

Form: FS Form 285–A. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 5,800. 

Title: Implementing Regulations: 

Government Securities Act of 1986, as 

amended. 

OMB Control Number: 1530–0064. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: The regulations require 

government securities broker and 

dealers to make and keep certain 

records concerning their business 

activities and their holdings of 

government securities, to submit 

financial reports, and to make certain 

disclosures to investors. The regulations 

also require depository institutions to 

keep certain records of non-fiduciary 

custodial holdings of government 

securities. The regulations and 

associated collections are fundamental 

to customer protection and dealer 

financial responsibility. 

Form: G–FIN–4, G–FIN–5, G–405. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 224,592. 

Title: Subscription for Purchase and 

Issue of U.S. Treasury Securities—State 

and Local Government Series. 

OMB Control Number: 1530–0065. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: The information is 

necessary to establish and maintain the 

accounts for owners of securities of 

State and Local Government Series. 


daltland on DSKBBV9HB2PROD with NOTICES
30224 Federal Register / Vol. 83, No. 124 / Wednesday, June 27, 2018 / Notices 

Form: FS Form 4144 series, 5237, 

5238 & 5377. 

Affected Public: State and Local 

Governments. 

Estimated Total Annual Burden 

Hours: 2,578. 

Authority: 44 U.S.C. 3501 et seq. 

Dated: June 21, 2018. 

Spencer W. Clark, 

Treasury PRA Clearance Officer. 

[FR Doc. 2018–13779 Filed 6–26–18; 8:45 am] 

BILLING CODE 4810–AS–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Multiple 

IRS Information Collection Requests 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury will submit the following 

information collection requests to the 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments should be received on 

or before July 27, 2018 to be assured of 

consideration. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, to 

(1) Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Attention: Desk Officer for 

Treasury, New Executive Office 

Building, Room 10235, Washington, DC 

20503, or email at OIRA_Submission@

OMB.EOP.gov and (2) Treasury PRA 

Clearance Officer, 1750 Pennsylvania 

Ave. NW, Suite 8142, Washington, DC 

20220, or email at PRA@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Jennifer Quintana by 

emailing PRA@treasury.gov, calling 

(202) 622–0489, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: Form 982—Reduction of Tax 

Attributes Due to Discharge of 

Indebtedness (and Section 1082 Basis 

Adjustment). 

OMB Control Number: 1545–0046. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Internal Revenue Code 

section 108 allows taxpayers to exclude 

from gross income amounts attributable 

to discharge of indebtedness in title 11 

cases, insolvency, or qualified farm 

indebtedness. Code section 1081(b) 

allows corporations to exclude from 

gross income amounts attributable to 

certain transfers of property. The data is 

used to verify adjustments to basis of 

property and reduction of tax attributes. 

Form: Form 982. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 7,491. 

Title: Declaration and Signature for 

Electronic and Magnetic Media Filing 

Forms: F–8453–EMP, F–8453–FE, F– 

8879–EMP and F–8879–F. 

OMB Control Number: 1545–0967. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: Form 8453–EMP is used to 

authenticate an electronic return 

originator (ERO), if any, to transmit by 

way of third-party. 

Form 8453–FE is used to authenticate 

the electronic Form 1041, U.S. Income 

Tax Return for Estates and Trusts, 

authorize the electronic filer to transmit 

via a third-party transmitter, and 

authorize an electronic fund withdrawal 

for payment of federal taxes owed. 

Form 8879–EMP is used if a taxpayer 

and the electronic return originator 

(ERO) want to use a personal 

identification number (PIN) to 

electronically sign an electronic 

employment tax return. 

Form 8879–F is used by an electronic 

return originator when the fiduciary 

wants to use a personal identification 

number to electronically sign an estate’s 

or trust’s electronic income tax return, 

and if applicable consent to electronic 

funds withdrawal. 

Forms: 8879–F, 8453–FE, 8453–EMP, 

8879–EMP. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 53,783,747. 

Title: PS–27–91 (TD 8442) Procedural 

Rules for Excise Taxes Currently 

Reportable on Form 720; PS–8–95 (TD 

8685) Deposits of Excise Taxes. 

OMB Control Number: 1545–1296. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Internal Revenue Code 

section 6302(c) authorizes the use of 

Government depositaries for the receipt 

of taxes imposed under the internal 

revenue laws. These previously 

approved regulations provide reporting 

and recordkeeping requirements related 

to return, payments, and deposits of tax 

for excise taxes currently reportable on 

Form 720. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 242,350. 

Title: Revenue Procedure 2000–12, 

Application Procedures for Qualified 

Intermediary Status under Section 1441; 

Final Qualified Intermediary 

Withholding Agreement. 

OMB Control Number: 1545–1597. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Previously approved, 

Revenue Procedure 2000–12 describes 

application procedures for becoming a 

qualified intermediary and the requisite 

agreement that a qualified intermediary 

must execute with the IRS. The 

information will be used by the IRS to 

ensure compliance with the U.S. 

withholding system under the 1441 

regulations (especially proper 

entitlement to treaty benefits). Revenue 

Procedure 2003–64 amends Revenue 

Procedure 2000–12. Revenue Procedure 

2014–39 modifies Revenue Procedure 

2000–12. Revenue Procedure 2014–47 

modifies Revenue Procedure 2003–64. 

Form: 15345. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 301,018. 

Title: Credits for Affected Disaster 

Area Employers. 

OMB Control Number: 1545–1978. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Form 5884–A is used to 

figure the employee retention credit that 

an eligible employer who conducted an 

active trade or business in the Hurricane 

Harvey, Irma, or Maria disaster zones 

may claim. The credit is equal to 40 

percent of qualified wages for each 

eligible employee (up to a maximum of 

$6,000 in qualified wages per 

employee). Public Law 115–63, section 

503 was enacted 9–29–17 and is the 

authorizing statute for this collection. 

Form: 5884–A. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 760,000. 

Title: TD 9451—Guidance Necessary 

To Facilitate Business Election Filing; 

Finalization of Controlled Group 

Qualification Rules, TD 9759– 

Limitations on the Importation of Net 

Built-In Losses. 


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