The use of company-issued mobile phones could trigger new federal income taxes on millions of Americans as a "fringe benefit."
The Internal Revenue Service proposed employers assign 25% of an employee's annual phone expenses as a taxable benefit. Under that scenario, a worker in the 28% tax bracket, whose wireless device costs the company $1,500 a year, could see $105 in additional federal income tax. More here:
Yes - and, as always, it's FREE for companies to do all the ridiculous calculations as demanded by the IRS. That means their higher costs won't be passed along to us in the form of higher prices.
And YOU, scumball. How DARE you try to get away with not paying your taxes on personal use of the cell phone. Cough it up, shithook. We ought to put you in jail. We're the government and we're spending like drunken liberals. There is NO LIMIT to our hunger for your money. We're NEVER going to be happy.
The Internal Revenue Service proposed employers assign 25% of an employee's annual phone expenses as a taxable benefit. Under that scenario, a worker in the 28% tax bracket, whose wireless device costs the company $1,500 a year, could see $105 in additional federal income tax. More here:
Yes - and, as always, it's FREE for companies to do all the ridiculous calculations as demanded by the IRS. That means their higher costs won't be passed along to us in the form of higher prices.
And YOU, scumball. How DARE you try to get away with not paying your taxes on personal use of the cell phone. Cough it up, shithook. We ought to put you in jail. We're the government and we're spending like drunken liberals. There is NO LIMIT to our hunger for your money. We're NEVER going to be happy.
Posts
1 comment:
They are coming for company supplied lap tops also
Post a Comment