8/21/2008

Businesses could be in trouble with the IRS soon for failing to keep track of personal and business calls made on business cell phones. The IRS recently ordered the University of California's Los Angeles and San Diego campuses to pay $239,196 and $186,471, respectively, in back taxes for cell phones given to employees. NFIB and other organizations are lobbying to have cell phones dropped as taxable perks.

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