📝IRS Notice on Form 5310-A Information Collection Request
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 5310-A
Summary
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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 Form 5310-A, "Notice of Plan Merger or Consolidation, Spinoff, or Transfer of Plan Assets or Liabilities, Notice of Qualified Separate Lines of Business".
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The content involves regulatory compliance requirements for businesses regarding Form 5310-A, which must be submitted to notify the IRS of plan changes. This creates a responsibility for business owners and executives to engage in the information collection process to avoid penalties.