Friday, June 12, 2009

You knew this was coming

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.

Once we start down this slippery slope, we'll see more and more of this:

Did you use your desk phone for a personal call? Report it as taxable income.

Did you take a note? The value of the sheet of paper and the ink from the pen is taxable.

Surf the Intertubz for a few minutes at lunch? Yeah, we need you to report that as well.

Are you provided with a parking place at work? Yes, We Can tax the value of that.

Don't even ask about what happens if you go to the bathroom....

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