IRS commissioner wants to repeal federal cell phone tax

IRS commissioner wants to repeal federal cell phone tax

Employers, employees, and mobile industry executives (wow, that covers just about everyone, doesn’t it?) who were worried about stricter taxation on the personal use of business cell phones may be able to relax. Internal Revenue Service Commissioner Douglas Shulman released a statement today asking Congress to repeal the tax, and he said Treasury Secretary Timothy Geithner also supports that move, according to Reuters.

The federal tax in question was approved in 1989, and says that personal… Continue Reading