This is a note out of the insane book. This is reposted from Kelly over at TaxGirl:
According to the Los Angeles times, the IRS has decided to enforce a rule from 1989 that requires that employers that hand out cell phones to their employees report the cell phones as a taxable benefit. The same law requires employees to keep detailed records of all calls made on cell phones issued by employers which indicate which calls are business and which calls are personal.
Congress is currently considering a bill to removing cellphones from the IRS list of fringe benefits. The bipartisan sponsored litigation passed the House earlier this year and a similar bipartisan bill, this one sponsored by Sen. John Kerry (D-MA) and Sen. John Ensign (R-NV), is pending in the Senate.
Kelly and I both agree you should definitely drop your Senator a line to express your interest in this situation.
Ken Stewart’s blog, ChangeForge.com, focuses on the collision between the constantly changing worlds of business and technology. Ken is also the Director of Technology at Kearns Business Solutions.
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