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Saturday, January 30, 2010

Obama Wants to Repeal Tax on Company Cell Phones

by taxnick on January 30, 2010

Ever make a personal call on your company cell phone? Did you record the value of that call as taxable income, as required by law?
Join the club, but don’t worry. President Barack Obama will propose repealing the widely ignored requirement as part of his 2011 budget plan, a Treasury Department official said Saturday.
The administration made [...]

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