Monday, June 22, 2009

Cell Phones -- Its about time!

IRS Commissioner released this statement about laws related to personal and business use of employer provided cellular phones. The current rules require a business use log of cell phone calls:

Statement of IRS Commissioner Doug Shulman

This month, the Internal Revenue Service asked for comments on ways to simplify compliance with rules related to employer-provided cellular telephones. The current law, which has been on the books for many years, is burdensome, poorly understood by taxpayers, and difficult for the IRS to administer consistently. Some have incorrectly implied that the IRS is "cracking down" on employee use of employer-provided cell phones. To the contrary, the IRS is attempting to simplify the rules and eliminate uncertainty for businesses and individuals.

Although some of the proposed changes would add clarity, the current law will inevitably leave widespread confusion among employees and businesses. Therefore, Secretary Geithner and I ask that Congress act to make clear that there will be no tax consequence to employers or employees for personal use of work-related devices such as cell phones provided by employers. The passage of time, advances in technology, and the nature of communication in the modern workplace have rendered this law obsolete.


It's about time!


1 comment:

chansara said...

Wonderful web journal. I appreciated perusing your articles. This is really an awesome read for me. I have bookmarked it and I am anticipating perusing new articles. Keep doing awesome! Estate Planning Brandon FL