RHS $4,207.84
A BLDG $5,204.36 ( Why are these so high?)
About Me
- Keith R. Stamm
- Disclaimer:I assume no responsibility for the accuracy of any information on this Blog. Im the only Republican ever re-elected to a city wide office. Information on this Blog may not be copied without written permission.
5 comments:
solving the phone expense problem @ RSD won't be as difficult as you think. you mentioned in a previous message that your boy Will is on the case. he will figure it out.
Lets see the cellphone bills from the business people TOO in the A- Building come on Mr stamm u got the power as the president show us what u have! if u want to be the mayor here is your chance to shine and say no to the 10% raise for the white collers in the A-Building too there fat enuff and Get a better hvac /boiler dept that knows what they are doing send them to school so they can bring down the gas bills and can you look into why is there no more boiler staff there all jumping ship to other depts WHATS going on ???
Even the best HVAC/boiler men can't help get the gas bills down, not when your dealing with such old and inefficent equipment. Take the high school for example, the boilers are over 40 years old and the gas burners are almost 30 years old, that is why the bills are so high, its time to update the equipment and get more efficent boilers. It is also a shame that the boiler staff is jumping ship, but you can't blame them, they can make more money yearly doing a job where there is no responsibility and you don't have to know anything, then the trained mechanics that are left in the HVAC/boiler dept.
I heard on the news this morning that many school districts are now banning cell phones in school during school hours. Maybe you ought to do that in the RSD. That includes teachers and administrators.
Keith:
From the IRS Website.
Employee Cell Phones
Government employers frequently provide their employees with cellular telephones and pagers to employees to conduct business. This can raise special tax concerns, due to the fact that these items are listed property under the Internal Revenue Code, and because employees may use them for business as well as personal use.
What is Listed Property?
“Listed property” includes items obtained for use in a business but designated by the Internal Revenue Code as lending themselves easily to personal use. This includes automobiles, computers, and entertainment or recreation-related items. In 1989, cellular telephones were added to this category. Although the use of these phones is much more widespread and economical today, they remain listed property and are subject to these restrictions.
For a for-profit business, the designation of an item as listed property has implications for depreciation deductions taken by the business and the computation of net income. However, this article focuses on the employment tax issues raised for employees of government entities.
Substantiation Requirements
To be able to exclude the use by an employee from taxable income from an employer-owned cell phone, the employer must have some method to require the employee to keep records that distinguish business from personal phone charges. If the telephone is used exclusively for business, all use is excludable from income (as a working condition fringe benefit). The amount that represents personal use is included in the wages of the employee. This includes individual personal calls, as well as a pro rata share of monthly service charges.
In general, this means that unless the employer has a policy requiring employees to keep records, or the employee does not keep records, the value of the use of the phone will be income to the employee.
At a minimum, the employee should keep a record of each call and its business purpose. If calls are itemized on a monthly statement, they should be identifiable as personal or business, and the employee should retain any supporting evidence of the business calls. This information should be submitted to the employer, who must maintain these records to support the exclusion of the phone use from the employee’s wages.
The following situations illustrate the application of the rules:
Example 1: A municipal government provides an employee a cell phone for business purposes. The government’s written policy prohibits personal use of the phone. The government routinely audits the employee’s phone billings to confirm that personal calls were not made. No personal calls were actually made by the employee. The business use of the phone is not taxable to the employee.
Example 2. A municipal government provides an employee a cell phone for business purposes. The government’s written policy prohibits personal use of the phone. However, the government does not audit phone use to verify exclusive business use. The fair market value of the phone, plus each monthly service charge and any individual call charges are taxable income to the employee, reportable on Form W-2.
Example 3: A state agency provides an employee with a cell phone and pays the monthly service charge. The employee is required to highlight personal calls on the monthly bill. The employee is then required to timely reimburse the agency for the cost of the personal calls, and the employee is charged a pro rata share of the monthly charge. The value of the business use portion of the phone is not taxable to the employee.
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