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Key tax break for iPads

by on
in Small Business Tax,Small Business Tax Deduction Strategies

The IRS has informally indicated that iPads and other tablets will be treated like cellphones when employers provide them to employees. Thus, employees won’t be taxed on the value of personal use, as long as the devices are provided primarily for business reasons rather than as a form of compensation.

Similarly, reimbursements made by employers to employees for personally owned iPads generally should not be subject to tax when used primarily for business.

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