Monday, June 15, 2009

IRS Proposes New Cell Phone Tax

IRS Proposes New Cell Phone Tax
"According to the WSJ the IRS is proposing to require employees to pay taxes on 25% of the cost of any employer provided cell phone. Taxpayers would be exempt if they could prove that they had a separate cell phone for private use. Talk may get a lot more expensive very soon under the Obama Adminstration's IRS proposal. Stay tuned . . ."

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