Here’s good news (for a change!) from the IRS…
If you and/or your employees use smart phones, you can create some nice no-hassle, tax-free fringe benefits.
Want to find out how you can take advantage of Uncle Sam’s largesse?
Then put down your iPhone or Android phone and read my new article titled Tax Tips: Create Tax-Free Fringe Benefit Deductions for Your Smartphone!
Three ways our fact-filled article can help you:
- You’ll learn why it’s important to know what “employee” means. An “employee” for smart phone fringe benefit purposes includes four categories of people. We’ll list them for you when you read the full article.
- We’ll explain how the smart phone tax break works. It’s really pretty straightforward. When you qualify under the law, four great things happen. We’ll give you all the details when you read the full article.
- We’ll tell you why the smart phone benefits make life easy. Depending on your form of business, you can claim tax benefits without keeping any tax records concerning your smart phone usage. Same thing for your employees or independent contractors. All will be explained when you read the full article.