Income taxes: Determining earned income credit eligibility; paid preparer due diligence requirements; hearing cancellation,

[Federal Register: May 11, 1999 (Volume 64, Number 90)]

[Proposed Rules]

[Page 25223]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr11my99-18]

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-120168-97]

RIN 1545-AW73

Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibilty; Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed rulemaking.

SUMMARY: This document provides notice of cancellation of a public hearing on proposed regulations relating to the due diligence requirements in determining eligibility for the earned income credit for paid preparers of federal income tax returns or claims for refund.

DATES: The public hearing originally scheduled for Thursday, May 20, 1999, at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Michael L. Slaughter of the Regulations Unit, Assistant Chief Counsel (Corporate), (202) 622-7180 (not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking by cross- reference to temporary regulations, and notice of public hearing that appeared in the Federal Register on Monday, December 21, 1998 (63 FR 70357), announced that a public hearing was scheduled for Thursday, May 20, 1999, at 10 a.m., in room 2615, Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the public hearing is proposed regulations under section 6695 of the Internal Revenue Code. The public comment period for these proposed regulations expired on Monday, March 22, 1999. The outlines of topics to be addressed at the hearing were due on Thursday, April 29, 1999.

The notice of proposed rulemaking and notice of public hearing, instructed those interested in testifying at the public hearing to submit a request to speak and an outline of the topics to be addressed. As of May, 5, 1999, no one has requested to speak. Therefore, the public hearing scheduled for Thursday, May 20, 1999, is cancelled. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

[FR Doc. 99-11756Filed5-10-99; 8:45 am]

BILLING CODE 4830-01-P