Tax & Finance

IRS Information Collection Requests Submitted to OMB for Review Under Paperwork Reduction Act

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The U.S. Department of the Treasury has submitted multiple Internal Revenue Service (IRS) information collection requests to the Office of Management and Budget (OMB) for review and clearance. This submission is made in compliance with the Paperwork Reduction Act of 1995, which requires federal agencies to obtain OMB approval before collecting information from the public. The notice was published on March 31, 2026, and invites members of the public to submit comments on the proposed information collection activities. Comments are typically accepted for a 30-day period following publication in the Federal Register. These collections cover various IRS forms, questionnaires, and reporting requirements used by taxpayers, businesses, and other entities to fulfill their federal tax obligations. The OMB review process evaluates the necessity, practical utility, and burden estimate of each collection to ensure compliance with federal information policy.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Multiple IRS information collection requests submitted to OMB on or after March 31, 2026 for review and clearance
  • Public comment period opened following Federal Register publication — typically 30 days to submit feedback
  • Submissions made under the Paperwork Reduction Act of 1995 compliance framework

+ 3 more changes with Pro

Obligations

What this law requires

high

Submit information collection requests to the Office of Management and Budget (OMB) for review and clearance before collecting information from the public

U.S. Department of the Treasury, Internal Revenue Service
operational
high

Comply with the Paperwork Reduction Act of 1995 requirements when submitting information collection requests to OMB

U.S. Department of the Treasury, Internal Revenue Service
operational
high

Publish notice of information collection requests in the Federal Register to invite public comment

U.S. Department of the Treasury, Internal Revenue Service
disclosure
medium

Accept public comments on proposed information collection activities for a minimum 30-day period following Federal Register publication

U.S. Department of the Treasury, Internal Revenue Service
operational
medium

Evaluate the necessity, practical utility, and burden estimate of each information collection to ensure compliance with federal information policy

Office of Management and Budget (OMB), U.S. Department of the Treasury
operational

Affected Parties

Individual taxpayers filing federal tax returnsBusinesses and corporations with federal tax obligations+3 more…

Tags

IRS,OMB,Paperwork Reduction Act