July 30th, 2008 5:08 PM by Ron Mastrodonato
PHONE THIS INA recent ruling by the U.S. Tax Court has made it unclear whether business cell phone use is tax deductible. The case involved a self-employed individual and his assistant, and the court said his inability to prove that the phones were used for business purposes disqualified the deductions. In response, the National Association of Realtors has joined a broad-based coalition pushing Congress to clarify the matter through legislation.Source: Arizona Realtor Digest (07/08) Vol. 30, No. 7, P. 8© Copyright 2008 INFORMATION, INC. Bethesda, MD (301) 215-4688
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