Saturday, September 24, 2011

Cell Phones are a Tax Free Fringe

If an employer provides a cell phone for business reasons, the employee will not be taxed on the business or personal use of the phone. The employee will not have to keep a log of the business and personal calls.
Small business may want to provide cell phone to their spouse or children if they work for the company.
The same theory applies to health insurance assuming an employee/employer relation exist.

Hello to Leslie at the Bruce S concert.

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