Comes this, from The Wall Street Journal:
The IRS is weighing a proposal to deem one-quarter of employees’ use
of work cellphones as personal use and therefore subject to tax as a
fringe benefit.The proposal is one of several options the IRS put forward this week
on the tax treatment of employer-provided cellphones. Current law
already requires that the value of those cellphone services be included
in a worker’s gross income, unless the employee keeps detailed records
showing that the cellphone is used for work only.
The article notes that the U.S. House voted to repeal the law last year, but the Senate didn’t follow suit. Wonder how well this year’s attempt to get rid of the cellphone tax will fare. (Hat tip to Veronique de Rugy at The Corner.)
