Revenue Procedure 2004-29, Statistical Sampling in Sec. 274 Context

ICR 201309-1545-068

OMB: 1545-1847

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2007-07-02
Supporting Statement A
2014-01-09
IC Document Collections
ICR Details
1545-1847 201309-1545-068
Historical Active 201009-1545-031
TREAS/IRS
Revenue Procedure 2004-29, Statistical Sampling in Sec. 274 Context
Extension without change of a currently approved collection   No
Regular
Approved without change 06/25/2014
Retrieve Notice of Action (NOA) 01/31/2014
  Inventory as of this Action Requested Previously Approved
06/30/2017 36 Months From Approved 06/30/2014
400 0 400
3,200 0 3,200
0 0 0

For taxpayers desiring to establish for purposes of Sec. 274(n) (2), (A), (C), (D), or (E) that a portion of the total amount of substantiated expenses incurred for meals and entertainment is excepted from the 50% limitation of Sec. 274(n), the revenue procedure requires that taxpayers maintain adequate documentation to support the statistical application, sample unit findings, and all aspects of the sample plan.

US Code: 26 USC 274(n) Name of Law: Only 50 percent of meal and entertainment expenses allowed as deduction
  
None

Not associated with rulemaking

  78 FR 43002 07/18/2013
79 FR 3267 01/17/2014
No

1
IC Title Form No. Form Name
Revenue Procedure 2004-29, Statistical Sampling in Sec. 274 Context

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 400 400 0 0 0 0
Annual Time Burden (Hours) 3,200 3,200 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Kari Fisher 2026224970

  No

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.
01/31/2014


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