Revenue Procedure 2009-14 permits a taxpayer under the jurisdiction of the Large and Mid-Size Business Division to request that the Service examines specific issues relating to tax returns before those returns are filed. This revenue procedure provides the framework within
US Code:
26 USC 989
Name of Law: Qualified business unit
US Code:
26 USC 864
Name of Law: Trading in securities or commodities
US Code:
26 USC 6662
Name of Law: Imposition of accuracy-related penalty on underpayments
Due to revision of the revenue procedure and the agency discretion of experimenting with the previous numbers; the burden hours decreased by 36,081. The total burden hours are now 13,134. These experimental changes also resulted in a decrease of estimated responses by 42, making the total responses 18.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.