[Federal Register Volume 73, Number 83 (Tuesday, April 29, 2008)]
[Notices]
[Pages 23307-23308]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-9370]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedures 2002-
39, 2006-45 (Previous 2002-37), and 2006-46 (Previous 2002-38)

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 Procedures 2002-39, 2006-45, 2006-46, Changes in Periods of 
Accounting.

DATES: Written comments should be received on or before June 30, 2008, 
to be assured of consideration.

ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal 
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of revenue procedures should be directed to Carolyn N. Brown, 
(202) 622-6688, Internal Revenue Service, room 6129, 1111 Constitution 
Avenue, NW., Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION:

[[Page 23308]]

    Title: Changes in Periods of Accounting.
    OMB Number: 1545-1786.
    Revenue Procedure Numbers: Revenue Procedures 2002-39, 2006-45, and 
2006-46.
    Abstract: Revenue Procedures 2002-39, 2006-45, and 2006-46, provide 
the comprehensive administrative rules and guidance, for affected 
taxpayers adopting, changing, or retaining annual accounting periods, 
for federal income tax purposes. In order to determine whether a 
taxpayer has properly adopted, changed to, or retained an annual 
accounting period, certain information regarding the taxpayer's 
qualification for and use of the requested annual accounting period is 
required. The revenue procedures request the information necessary to 
make that determination when the information is not otherwise 
available.
    Current Actions: There are no changes being made to these revenue 
procedures at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organization, 
individuals, not-for-profit institutions and farms.
    Estimated Number of Respondents: 800
    Estimated Average Time per Respondent: 53 minutes.
    Estimated Total Annual Burden Hours: 700.
    Also, the burden is reflected in the burdens of Forms 1128 and 
2553.
    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: April 24, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
 [FR Doc. E8-9370 Filed 4-28-08; 8:45 am]
BILLING CODE 4830-01-P