IRS Seeks to Repeal Cell Phone Tax Law

For those of you agents who are on employee plans, IF the IRS could have gotten away with it. They would have taxed you not for what you actually pay, but for what the 'fair market value' of your price plan is.

For instance, I am on a VZW agent demo line. I pay $15 a month for 1500 minutes, unlimited txt, 300 pix, free ringback tones, and 50% off all my data. I change devices and features all the time, but my bill usually runs about $30, and after taxes I pay about $35 a month, so $5 in taxes.

Now a comparable Verizon plan would be $99.99 for 1350 minutes and unlimited txt, $.99 for RBT, $44.99 for blackberry (never mind that I could get away with the $29.99 plan), $10 for VZNavigator, and $15 for VCAST W/Rhapsody. That's a total of $1...
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"Last week, the Internal Revenue Service sought --pubic comments-- on the idea of taxing personal use of cell phones that are provided by employers"

Pubic comments!!!! LOL

Check out the real story behind the proposal. Our staff works with the industry so your opinion matters.

http://www.anythingformycell.com/blog/node/32 »

The IRS did not "seek public opinion" on this law, they just decided to re-enforce a law that was made in 1989. Then they heard a huuuuuuuge backlash and decided that it would probably be overthrown in congress anyway, so let's try to make ourselves look good..... jerks.

This law would really suck for those of us who work for certain companies and have company issued phones, since 25% of the usage would have to be reported as personal income. Lame!

... and the law was like "o wow wtf were we thinking", and i won.

I do believe hell has frozen over.