Issue Number: 2022-11
Inside This Issue
- IRS spotlights Criminal Investigation law enforcement
- IRS looking for more than 200 IT technologists to focus on modernization
- Security Summit reminder: Minimize cyber footprints, protect personal information online
- Video: File and pay taxes by April 18 to avoid extra charges
- IRS provides more forms, letters, publications in multilingual, alternative formats
- Technical Guidance
IRS Criminal Investigation (CI) serves the American public by investigating potential criminal violations of the Internal Revenue Code and related financial crimes. Criminal Investigation pursues financial crimes like money laundering, terrorist financing, cybercrimes and sanctions evasion—including investigating and seizing assets of Russian elites. Visit IRS.gov for some examples of the types of cases in which CI has led or been significantly involved in over the last few years.
As part of a larger hiring effort underway, the IRS plans to hire more than 200 technologists to help the agency further modernize its technology. The IRS is offering entry-level positions as well as career opportunities for experienced and supervisory IT specialists in the fields of system development, architecture, engineering, cybersecurity, IT operations, network services and customer support. In addition, the IRS is seeking applicants with knowledge of cloud, zero trust security, low/no-code enterprise platforms, artificial intelligence and machine learning, or NoSQL database among other modern technologies. This article is also available in Simplified Chinese.
Urge your clients to stay resolute against ongoing scams and schemes by properly securing computers, tablets and phones. Solid cybersecurity protection and scam recognition is vital to reduce the threat of identity theft inside and outside the tax system. This article is also available in Spanish and Simplified Chinese.
Remind your clients that it’s not too late to avoid interest and penalty charges. Make sure they file their tax return and pay the amount due by the April 18 deadline. More information is available in the IRS video Avoiding Interest and Penalty Charges.
In its efforts to reach all American taxpayers, the IRS has shared the latest expansion of its multilingual products. The agency’s Alternative Media Center is converting IRS Form 1040, its main schedules and six publications in Spanish Braille and large print. This announcement highlights the agency’s commitment to make alternative format documents and multilingual resources available to those who need them. The article is available in Spanish and Simplified Chinese.
Announcement 2022-06 notifies taxpayers of a temporary suspension of the IRS prototype IRA opinion letter program.
Notice 2022-11 provides an indexing factor for the qualifying payment amount for items and services furnished in 2022 for purposes of sections 9816 and 9817 of the Internal Revenue Code, as added by the No Surprise Act, in the case of a group health plan or group or individual health insurance issuer that does not have sufficient information as of Jan. 31, 2019, to calculate the median of the contracted rates or for new items and services.
Notice 2022-13 provides a waiver of the addition to tax under section 6654 for underpayment of estimated income tax by qualifying farmers and fishermen described in the notice.
Revenue Procedure 2022-17 provides: (1) two tables of limitations on depreciation deductions for owners of passenger automobiles placed in service by the taxpayer during calendar year 2022; and (2) a table of dollar amounts that must be used to determine income inclusions by lessees of passenger automobiles with a lease term beginning in calendar year 2022.
Revenue Ruling 2022-08 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate and the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by section 1274.
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