Nothing is sacred these days, not even text messaging on company-issued cell phones. According the the Washington Post, the Internal Revenue Service could "more strictly enforce an existing law that classifies company-issued cell phones as a taxable benefit."
Ouch! Most companies would argue that mobile phones are an essential part of the workplace, especially for the ever-moving workforce. Let's face it: In this world of BlackBerrys, iPhones and other smartphones, having a cell phone is no longer a luxury. Just like your laptop, a cell phone is one of the tools you need to do your job.
The IRS is looking for comments on its proposals up through Sept. 4 and would welcome alternative ideas. You better believe they will get them.
For more on taxing texting:
- check out this Washington Post article
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