IRS giving cell phone users a break

photo credit: Uncle Sam’s Cell Phone

The IRS has backed off the idea of taxing us on cell phones owned by our employers! The employer owned cell phones were “listed property” as part of a tax law put in place in 1989 when cell phones were a luxury item. The law required that the employees document their calls and could be subject to taxation if less than 25% of the calls made were not business related. Read the rest of this entry »