as a fringe benefit ifyou makepersonal calls on that phone. This is crazier than taxing your company provided health care.
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Make any personal calls on that company cell phone? That's a "fringe benefit" of your job, according to a 20-year-old law, and the IRS is looking to collect.
The Wall Street Journal reports that the IRS wants to step up enforcement of the 1989 law, which holds that employees who make personal calls on a company cell phone are getting a "fringe benefit" from their employers"”a benefit that should count as taxable income.
falcon, depending on where these new taxes get aplied, they are good taxes.
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LOL Its gonna be entertaining just watching them come up with new ways to tax us. Maobama Needs your money!
How do they propose to determine whether or not each individual cell phone is used for 'personal' reasons vs 'business' reasons ? Will they arrogantly 'declare' that 25% of the cost will be taxed, regardless of usage, or will they at go thru
the pain of sorting out personal vs business calls ? What vile vipers these democrats are showing themselves to be. I would love to see which of the idiots who voted AGAINST republicans (not FOR Dummo-craps) will now vote AGAINST Dems to protest the democrat-exacerbated inflation, rise in interest rates, national debt ? Morons....
um.....actually it is already supposed to be taxed as a fringe benefit. Right now what the companies are supposed to do is actually go through and look at all of the minutes and prorate the amount that is included in your income. What they are doing now is trying to decide on a way to tax them without requiring them to count minute by minute.
um.....actually it is already supposed to be taxed as a fringe benefit. Right now what the companies are supposed to do is actually go through and look at all of the minutes and prorate the amount that is included in your income. What they are doing now is trying to decide on a way to tax them without requiring them to count minute by minute.
If this is true, I am uninformed. So is my wife, an executive at Verizon Wireless. It is of no consequence. It's just another tax. Welcome to Amerika.
Personal calls being a so called "fringe benefit" places the responsibility for any tax levied on the owner of the phone, not the user. If I'm going toget taxed for using someone else's phone then they can have it back.
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Personal calls being a so called "fringe benefit" places the responsibility for any tax levied on the owner of the phone, not the user. If I'm going toget taxed for using someone else's phone then they can have it back.
In my wife's case, that's not an option...she's GOT to carry the phone; it's how they communicate with each other
during emergencies. So, Verizon Wireless can pay the tax which will surely have impact on those carrying the phones. I do not believe the government will stop there...they're looking to tax the end-user as well, I'll wager.
What's next ? A tax or 'fee' on email communications (that's been bouncing around for a few years now...maybe it's time to resurrect it ?).
The IRS simply needs to be abolished. They and corporations will spend 10x as much money trying to figure out who needs to pay this tax and how much than will ever be collected.
On a similar note, the POS governor of Wisconsin just passed a tax on every communication device in our state. $0.75/month on every cell phone, landline, fax machine, modem, and wireless card. [:@]
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The IRS simply needs to be abolished. They and corporations will spend 10x as much money trying to figure out who needs to pay this tax and how much than will ever be collected.
On a similar note, the POS governor of Wisconsin just passed a tax on every communication device in our state. $0.75/month on every cell phone, landline, fax machine, modem, and wireless card. [:@]
It's a funny thing....we have representatives, but they do not represent us. So, technically, it's NOT taxation without representation, but FACTUALLY, we have no representation either in the statehouse or in Congress. Patriots fired on the King's troops for less.....
IRS May Tax on Your Company Cell Phone
