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 IRS Pulls the Plug on Efforts to Tax Employer-Provided Cell Phones- IRS Pulls the Plug on Efforts to Tax Employer-Provided Cell Phones
- September 26, 2011
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Internal Revenue Service (IRS) issued guidance indicating that employers can provide cell phones and similar telecommunications equipment to employees on a nontaxable basis
Employer News ALERT: On September 14, 2011, the Internal Revenue Service (IRS) issued guidance indicating that employers can provide cell phones and similar telecommunications equipment to employees on a nontaxable basis,as long as the devices are provided primarily for noncompensatory business reasons.
In recent years, the tax treatment of such devices was uncertain, and before 2009, the IRS had generally viewed the personal portion of employer-provided cell phone usage as taxable.
In No...
- View more at: http://www.1888pressrelease.com/irs-pulls-the-plug-on-efforts-to-tax-employer-provided-cell-pr-337597.html
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