Jun 12th, 2009 - Wall Street Journal
WASHINGTON (Dow Jones)--The IRS defended its proposals to enforce a law that taxes personal use of employer-provided cell phones, saying the changes are aimed at helping businesses comply, not taxing individuals.
Dow Jones Newswires reported Thursday that an IRS proposal released this week could wind up taxing employees on 25% of the value of their work cell phone. The IRS notice was meant to make it easier to enforce a 1989 law that treats employer-provided cell phones as a taxable fringe benefit.
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