IRS wants to tax cell phone use


The IRS wants to tax the use of cell phones issued to individuals as a fringe benefit. According toThe Wall Street Journal, "The Internal Revenue Service proposed employers assign 25% of an employee's annual phone expenses as a taxable benefit."

It is not a novel idea. Since 1989, the IRS has expected people who use company-issued phones for personal calls to count the value of those calls as income.

Originally published