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💼IRS Seeks Comments on Pension Funding Relief Proposal

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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning the funding relief for multiemployer defined benefit pension plans under the American Rescue Plan Act of 2021.