27 Aug 2025
📄IRS Information Collection Notice and Compliance Overview
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service (IRS) Information Collection Requests
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.
Agencies
- Treasury Department
Business Impact
$$$ - High
The document involves compliance and regulatory requirements related to multiple IRS information collection forms. Businesses must understand and adhere to these requirements to avoid penalties and ensure accurate reporting for tax purposes. The increased burden hours signify substantial time commitments for businesses in compliance efforts.