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Issue Number: 2022-09

Inside This Issue

1. Starting July 1, IRS increases mileage rate for remainder of 2022
2. Taxpayers now have more options to correct, amend returns electronically
3. Here’s what businesses need to know about the enhanced business meal deduction
4. IRS continues work on inventory of tax returns
5. IRS expands voice bot options for faster service, less wait time
6. Outreach Connection
7. Other tax news

1.  Starting July 1, IRS increases mileage rate for remainder of 2022

The IRS announced an increase in the optional standard mileage rate for the final 6 months of 2022 in recognition of recent gasoline price increases. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes, effective July 1, 2022.

The announcement also includes the new rate for deductible medical or moving expenses (available for active-duty members of the military).

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2.  Taxpayers now have more options to correct, amend returns electronically

The IRS announced more tax forms can now be amended electronically:

• Form 1040-NR, U.S. Nonresident Alien Income Tax Return
• Forms 1040-SS, U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico)
• Forms 1040-PR, Self-Employment Tax Return – Puerto Rico

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3.  Here’s what businesses need to know about the enhanced business meal deduction

The IRS encourages businesses to begin planning now to take advantage of tax benefits available to them when they file their 2022 federal income tax return. This includes the enhanced business meal deduction.

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4. IRS continues work on inventory of tax returns

Following intensive work during the past several months, the IRS recently announced it will soon complete processing on a key group of individual tax returns filed during 2021.

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5.  IRS expands voice bot options for faster service, less wait time

The IRS recently announced its expanded voice bot options to help eligible taxpayers easily verify their identity to set up or modify a payment plan, while avoiding long wait times.

The agency has been using voice bots on numerous toll-free lines since January, allowing taxpayers with simple payment or notice questions to get what they need quickly and avoid waiting. This article is also available in Spanish (Español) and Simplified Chinese (中文 (简体)).

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6. Outreach Connection

Get free tax content to share with your staff, clients, customers or colleagues.

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7.  Other tax news

The following information may be of interest to individuals and groups in or related to small businesses:

• IRS issues FAQs on the reinstated Superfund chemical excise tax to assist affected taxpayers
• IRS issues Superfund chemical excise tax rates
• National Taxpayer Advocate issues midyear report to Congress
• IRS wraps up 2022 "Dirty Dozen" scams list; watch out for tax avoidance strategies

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