2 Jan 2025

📋IRS Notice

Proposed Collection; Comment Request for Form 1099-G

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 information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning Form 1099-G, Certain Government Payments.

Agencies

  • Treasury Department
  • Internal Revenue Service

Business Impact ?

$ - Low

The content primarily serves as a notice for a comment request regarding Form 1099-G, which reports government payments. While the information is relevant to compliance, it does not directly affect businesses or involve economic incentives, funding, or regulatory requirements that require action from business owners or executives.

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