18 Feb 2025
📝IRS Proposes Information Collection for Transmitter Control Code
Proposed Collection: Comment Request for Information Returns Application for Transmitter Control Code
Summary
The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning, Information Returns (IR) application for Transmitter Control Code (TCC).
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The notice relates to the IRS's proposed collection process for the Transmitter Control Code (TCC), impacting business owners who electronically file Information Returns. They need to be aware of new compliance requirements and potential adjustments to how information is submitted, which could entail changes in operations.