IRS seeks to simplify workers' cellphone tax law - washingtonpost.com
June 12, 2009
In the late 1980s, the image of millionaire Gordon Gekko strolling along a beach with a brick-sized cellphone to his ear in the movie "Wall Street" was the epitome of wealth and excess. Congress passed a law requiring the value of employer-issued cellphones to be included in workers' gross income, unless an employee kept detailed records showing the phone was used only for work.
But now that so many workers tote BlackBerrys and other cellphones issued by their employer, and so many companies don't enforce the tedious record-keeping rule, the Internal Revenue Service is weighing whether a portion of a work-related cellphone bill should be taxed as income...
In the late 1980s, the image of millionaire Gordon Gekko strolling along a beach with a brick-sized cellphone to his ear in the movie "Wall Street" was the epitome of wealth and excess. Congress passed a law requiring the value of employer-issued cellphones to be included in workers' gross income, unless an employee kept detailed records showing the phone was used only for work.
But now that so many workers tote BlackBerrys and other cellphones issued by their employer, and so many companies don't enforce the tedious record-keeping rule, the Internal Revenue Service is weighing whether a portion of a work-related cellphone bill should be taxed as income...
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