IRS Asks Public To Help Reduce Paperwork Burden
Published Date: 1/17/2025
Notice
Summary
The IRS wants your thoughts on a paperwork process for commodities dealers and traders who choose a special accounting method called mark-to-market. This helps the IRS keep track but doesn’t change any rules right now. If you’re a business affected, you’ve got until March 18, 2025, to share your comments—each response takes about 30 minutes.
No Economic Impacts Identified for this Document
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Related Federal Register Documents
2026-17449, Notice of Award of a Single Source Cooperative Agreement To Fund Elizabeth Glaser Pediatric AIDS Foundation
The Centers for Disease Control and Prevention (CDC), located within the Department of Health and Human Services (HHS), announces the award of approximately $750,000 for Federal Fiscal Year 2026 funding to Elizabeth Glaser Pediatric AIDS Foundation (EGPAF), subject to the availability of funds. The award supports activities to improve HIV care and treatment for children and eliminate mother-to-child HIV transmission faster, working with faith-based organizations (FBOs), faith-affiliated health facilities, and community-based organizations (CBOs), which are trusted providers in many high-burden communities. Funding amounts for years 2-5 will be set at continuation.
2026-17496, Agency Information Collection Extension
The Department of Energy (DOE) has submitted an information collection request to the OMB for revision under the provisions of the Paperwork Reduction Act of 1995. The information collection requests a three-year extension of its collection, titled BPA Realty, OMB Control Number 1910-5205. The revision will allow BPA to improve the information collection to better assess whether the applicants' proposed use of right-of-way interferes with BPA's land rights.
2026-17467, Information Collection Request Submitted to OMB for Review and Approval; Comment Request; Foreign Purchaser Acknowledgement Statement of Unregistered Pesticides (Renewal)
The Environmental Protection Agency (EPA) has submitted an information collection request (ICR), Foreign Purchaser Acknowledgement Statement of Unregistered Pesticides (EPA ICR Number 0161.17, OMB Control Number 2070-0027) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act. This is a proposed extension of the ICR, which is currently approved through August 31, 2026. Public comments were previously requested via the Federal Register on December 15, 2025, during a 60-day comment period. This notice allows for an additional 30 days for public comments.
2026-17484, Agency Information Collection Activities: Proposed Collection; Comment Request
The Centers for Medicare & Medicaid Services (CMS) is announcing an opportunity for the public to comment on CMS' intention to collect information from the public. Under the Paperwork Reduction Act of 1995 (PRA), federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information (including each proposed extension or reinstatement of an existing collection of information) and to allow 60 days for public comment on the proposed action. Interested persons are invited to send comments regarding our burden estimates or any other aspect of this collection of information, including the necessity and utility of the proposed information collection for the proper performance of the agency's functions, the accuracy of the estimated burden, ways to enhance the quality, utility, and clarity of the information to be collected, and the use of automated collection techniques or other forms of information technology to minimize the information collection burden.
2026-17528, Certain Melanoma Predictive and Prognostic Tests and Components Thereof; Notice of Institution of Investigation
Notice is hereby given that a complaint was filed with the U.S. International Trade Commission on July 10, 2026, under section 337 of the Tariff Act of 1930, as amended, on behalf of Castle Biosciences, Inc. of Friendswood, Texas. The complaint alleges violations of section 337 based upon the importation into the United States or in the sale of certain melanoma predictive and prognostic tests and components thereof by reason of unfair competition and unfair acts through false and misleading advertising, the threat or effect of which is to destroy or substantially injure an industry in the United States. The complainant requests that the Commission institute an investigation and, after the investigation, issue a limited exclusion order and cease and desist orders.
2026-17470, Procurement List; Proposed Deletions
The Committee is proposing to delete products and service(s) from the Procurement List that were furnished by nonprofit agencies employing persons who are blind or have other severe disabilities.
Previous / Next Documents
Previous: 2025-01069, Proposed Collection; Comment Request for Revenue Procedure 2003-33
The IRS is asking for your thoughts on keeping a paperwork rule that helps businesses get extra time to make a special tax election called a 338 election. This affects companies and individuals who buy corporate stock and want to treat it like buying assets. No changes are planned now, but comments are due by March 18, 2025, so don’t miss your chance to weigh in!
Next: 2025-01071, Presidential Declaration Amendment of a Major Disaster for the Crow Nation
The government extended the deadline for the Crow Nation to apply for disaster loans after severe storms hit on August 6, 2024. Now, folks have until February 28, 2025, to apply for physical damage loans and until August 14, 2025, for economic injury loans. This gives the community more time and support to recover and rebuild stronger!