Tuesday, July 26, 2011

IRS seeks repeal of work cell-phone tax - Dayton Business Journal:

http://invest-ment.com/investplan.html
The agency created an uproafr when it proposed ways to simplify compliance with currenttax law, which treats personaol use of work-supplied cell phones as personalp income. That law is “burdensome, poorly understood by taxpayers and difficult for the IRS toadministed consistently,” IRS Commissioner Doug Shulman said in a To simplify compliance, the IRS soughy comment on several options, included treating 25 percent of the cell phone’zs use as personal use. That created an uproar, and some reporta “incorrectly implied that the IRSis ‘crackingy down’ on employee use of employer-provided cell phones,” Shulman said.
In the IRS and the have askedCongress “too make clear that there will be no tax consequencd to employers or employees for personapl use of work-related devices such as cell phones providedf by employers,” Shulman said. “The passage of time, advances in technology and the nature of communications in the modern workplaces have rendered thislaw obsolete,” he The House passed legislation last year to repeapl the cell phone tax, but it faile d to pass the Senate.

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