Given a cell phone by your employer? Tax laws for this situation have changed. Don't miss out!

The IRS just released to the public that employees given a cell phone for primarily work purposes will no longer be taxed.  It is now classified as a fringe benefit.  In addition, the IRS will no longer require percentage of business use to overall use substantiation.    In other words, a person given a cell phone primarily for business use by his employer may also use it for personal calls and not be taxed.

I take pride in keeping the public up to date on the latest tax laws, so check out the article here for more information.