Does the company you work for pay your cellphone contract? If it does, the IRS wants you to pay tax on it for being what it calls a
Got A Company-Paid Cellphone? The IRS Wants To Tax Your Personal Calls
Summary:
Does the company you work for pay your cellphone contract? If it does, the IRS wants you to pay tax on it for being what it calls a
This is good thing in the sense that people will try to limit their cell phone usage. the flip side of this would be that the companies will have to expend resources to tag everybody's cell phone which is additional cost to the corporate world. The cost/benefit of this policy will be more burdensome on the employers rather than savings. I vote against this policy as it is just complicating matters.