How the IRS Feels About Employer Provided Cell Phones

IRS Information
The Internal Revenue Service has released guidance aimed at clarifying the tax treatment of mobile phones provided by employers to their employees. The guidance explains a provision of last fall's Small Business Jobs Act of 2010 that removed cell phones from the definition of listed property, a category under tax law that normally requires taxpayers to perform additional recordkeeping. IRS Notice 2011-72, issued in mid-September, provides guidance on the treatment of employer-provided cell phones as an excludible fringe benefit. According to the new guidance from the IRS, when an employer provides an employee with a cell phone primarily for noncompensatory business reasons, the business and personal use of the cell phone is generally nontaxable to the employee. The IRS will not require recordkeeping of business use in order to receive…
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Has the Need for Instant Gratification Made Us Forget Our Manners?

"Maad" Rants & Other Stuff
Has the need for instant gratification made us forget our manners?  More and more people seem to want everything their way and they want it now - no matter when NOW is.  Instant everything.  Instant messages, email, fax, internet. Instant food, the faster the better. Instant education, job, wealth.  Instant medical service, diagnosis, and an instant cure. Instant family. Instant travel. Instant information. Instant banking.  Instant support and training - even if it's 10 p.m. at night. Right or wrong, good or bad,  it seem that most people want it NOW!  What happened to please and thank you? I live in a very small, rural town - where people still wave at strangers, if you see someone broken down on the side of the road - you stop to help…
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