Join Morgan Lewis for a one-hour webinar discussing the long-anticipated tax relief for employer-provided cell phones.
In Notice 2011-72, the IRS announced that if an employer provides a cell phone and "other similar telecommunications equipment" primarily for noncompensatory business reasons, the otherwise applicable tax rules for employer deductions and compensatory wage treatment are relaxed. The business use of cell phones is treated as a nontaxable working condition fringe benefit and any personal use of the cell phone is excludable as a de minimis fringe benefit.
Topics to be discussed:
Tuesday, October 4, 2011
12–1 pm ET
For more information, please contact Olive To at email@example.com or 215.963.5116.