IRS Considers Taxing Personal Use of Work Cell Phones as ‘Fringe Benefit’ – Political News – FOXNews.com
on June 12th, 2009 at 6:39 pmIRS Considers Taxing Personal Use of Work Cell Phones as ‘Fringe Benefit’
WASHINGTON — The IRS is weighing a proposal to deem one-quarter of employees’ use of work cell phones 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 cell phones. Current law already requires that the value of those cell phone services be included in a worker’s gross income, unless the employee keeps detailed records showing that the cell phone is used for work only — an idea cell phone trade groups are objecting to.
So who decides this? This is one of the dangers of giving so much power to an agency like the IRS. They can decide to change the rules and up your taxes at any time without congressional approval. They can in effect, raise your taxes with the stroke of a pen.
This is so rediculous. I’m required to have a cell phone, so my company provides it. It’s very basic service, voice only, but I do make personal calls on it. They have unlimited voice so why not? With the Obamanation in charge, they feel they can tax anything they want. He’s all about taxing those of us who are actually generating income.
I agree. It is silly and wrong. Good post.
If you don’t like what the IRS is doing then get rid of it in the form of twisting your congress critters arm to support the fair tax and presto no more IRS, but this has to be done right because the 16th amendment needs to be abolished along with it or we could end up with both.
The income tax according to the man who engineered it was never meant to generate revenue but to use as a tool in social change by rewarding one group and punishing another, I believe it is the first plank in the Marxist manifesto knowing that should be enough for anyone but unfortunately Socialism isn’t a dirty word he used to be in this country so we get someone like Lord Barack The Magnificent.
John Clark