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CTIA-The Wireless Association® Statement on Senate Passage of Small Business Jobs Act
Bill included MOBILE Cell Phone Act of 2009 (S.144) which removes cell phones from IRS listed property rules
WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- Today, CTIA-The Wireless Association® President and CEO Steve Largent released the following statement in response to the U.S. Senate passing the Small Business Jobs Act (H.R. 5297), which included the MOBILE Cell Phone Act of 2009 (S. 144). S.144 removes wireless devices from IRS listed property rules, which means individuals who have a business-provided mobile device are no longer required to record: (1) the amount of such expense or other item; (2) the time and place of the use of the property; (3) the business purpose of the expense; and (4) the business relationship to the taxpayer of the persons using the property.
(Logo: http://www.newscom.com/cgi-bin/prnh/20100629/DC28223LOGO-a)
(Logo: http://photos.prnewswire.com/prnh/20100629/DC28223LOGO-a)
"CTIA and the wireless industry welcome passage of the MOBILE Cell Phone Act, which will provide much needed relief for businesses and employees across the country. We thank Senators Baucus, Grassley, Kerry and Ensign for their commitment to including it in the Small Business Jobs bill.
"We hope the House will act soon so that wireless devices can be removed from the IRS listed property rules. The existing rule punishes productivity and raises compliance costs, and its permanent repeal is long overdue."
CTIA-The Wireless Association® (http://www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshows. CTIA was founded in 1984 and is based in Washington, DC.
Photo: http://www.newscom.com/cgi-bin/prnh/20100629/DC28223LOGO-a
http://photos.prnewswire.com/prnh/20100629/DC28223LOGO-a
PRN Photo Desk, photodesk@prnewswire.com
Source: CTIA-The Wireless Association
CONTACT: Amy Storey of CTIA-The Wireless Association, +1-202-736-3207
Web Site: http://www.ctia.org/
CTIA-The Wireless Association® Statement on Senate Passage of Small Business Jobs Act
Bill included MOBILE Cell Phone Act of 2009 (S.144) which removes cell phones from IRS listed property rules
WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- Today, CTIA-The Wireless Association® President and CEO Steve Largent released the following statement in response to the U.S. Senate passing the Small Business Jobs Act (H.R. 5297), which included the MOBILE Cell Phone Act of 2009 (S. 144). S.144 removes wireless devices from IRS listed property rules, which means individuals who have a business-provided mobile device are no longer required to record: (1) the amount of such expense or other item; (2) the time and place of the use of the property; (3) the business purpose of the expense; and (4) the business relationship to the taxpayer of the persons using the property.
(Logo: http://www.newscom.com/cgi-bin/prnh/20100629/DC28223LOGO-a)
(Logo: http://photos.prnewswire.com/prnh/20100629/DC28223LOGO-a)
"CTIA and the wireless industry welcome passage of the MOBILE Cell Phone Act, which will provide much needed relief for businesses and employees across the country. We thank Senators Baucus, Grassley, Kerry and Ensign for their commitment to including it in the Small Business Jobs bill.
"We hope the House will act soon so that wireless devices can be removed from the IRS listed property rules. The existing rule punishes productivity and raises compliance costs, and its permanent repeal is long overdue."
CTIA-The Wireless Association® (http://www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshows. CTIA was founded in 1984 and is based in Washington, DC.
Photo: http://www.newscom.com/cgi-bin/prnh/20100629/DC28223LOGO-a
http://photos.prnewswire.com/prnh/20100629/DC28223LOGO-a
PRN Photo Desk, photodesk@prnewswire.com
Source: CTIA-The Wireless Association
CONTACT: Amy Storey of CTIA-The Wireless Association, +1-202-736-3207
Web Site: http://www.ctia.org/