[Federal Register Volume 78, Number 78 (Tuesday, April 23, 2013)]
[Notices]
[Page 23978]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-09457]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2011-
14 (as modified by and amplified RP 2011-22 and RP 2011-28)

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

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 2011-14 (as modified and amplified by RP 2011-22 and 
RP 2011-28), Changes in Methods of Accounting.

DATES: Written comments should be received on or before June 24, 2013 
to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies should be directed to Martha R. Brinson at Internal Revenue 
Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, 
or at (202) 622-3869, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Changes in Methods of Accounting.
    OMB Number: 1545-1551.
    Revenue Procedure Number: Revenue Procedure 2011-14 (as modified 
and amplified by RP 2011-22 and RP 2011-28).
    Abstract: This revenue procedure (2011-14), provides the procedures 
by which a taxpayer may obtain automatic consent for a change in method 
of accounting described in the APPENDIX of this revenue procedure. This 
revenue procedure amplifies, clarifies, modifies, and supersedes Rev. 
Proc. 2008-52, 2008-2 C.B. 587, as amplified, clarified, and modified 
by Rev. Proc. 2009-39, 2009-38 I.R.B. 371, and provides additional 
changes in methods of accounting for which a taxpayer may obtain 
automatic consent.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This revenue procedure is being submitted 
for renewal purposes only.
    Type of Review: Extension 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: 14,065.
    Estimated Time per Respondent: 1 hour, 5 minutes.
    Estimated Total Annual Burden Hours: 15,191.85.
    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, 
maintenance, and purchase of services to provide information.

    Approved: April 16, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-09457 Filed 4-22-13; 8:45 am]
BILLING CODE 4830-01-P