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....
Friday, June 12, 2009
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