Statement of IRS regarding taxation of personal use of cell phones

A statement of IRS Commissioner Doug Shulman indicates Secretary Geithner and he will “ask that Congress act to make clear that there will be no tax consequence to employers or employees for personal use of work-related devices such as cell phones provided by employers.”

To read the full statement, go to http://www.irs.gov/newsroom/article/0,,id=209795,00.html

I hope Congress acts quickly on this request—it will make all our lives a little easier.