[Federal Register Volume 84, Number 76 (Friday, April 19, 2019)]
[Notices]
[Page 16569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07869]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2013-
30, Uniform Late S Corporation Election Revenue Procedure

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 Revenue Procedure 2013-30, Uniform Late S 
Corporation Election Revenue Procedure.

DATES: Written comments should be received on or before June 18, 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 form and instructions should be directed to Christina 
Leeper at (737) 800-7783, at Internal Revenue Service, 3651 S 
International Highway 35, Austin, TX 78741, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Revenue Procedure 2013-30, Uniform Late S Corporation 
Election Revenue Procedure.
    OMB Number: 1545-1548.
    Revenue Procedure Number: 2013-30.
    Abstract: Revenue Procedure 2013-30 provides a simplified method 
for taxpayers to request relief for late S corporation elections, 
Electing Small Business Trust (ESBT) elections, Qualified Subchapter S 
Trust (QSST) elections, Qualified Subchapter S Subsidiary (Q Sub) 
elections, and late corporate classification elections which the 
taxpayer intended to take effect on the same date that the taxpayer 
intended that an S corporation election for the entity should take 
effect. Generally, this revenue procedure facilitates the grant of 
relief to taxpayers that request relief previously provided in numerous 
other revenue procedures by consolidating the provisions of those 
revenue procedures into one revenue procedure and extending relief in 
certain circumstances. Revenue Procedures 97-48, 2003-43, 2004-48, 
2004-49, and 2007-62 are affected.
    Current Actions: There is no change to the revenue procedure at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Responses: 50,000.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 50,000 hours.
    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 16, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-07869 Filed 4-18-19; 8:45 am]
 BILLING CODE 4830-01-P