A few weeks ago I got a call, out of the blue, from a reporter with US News & World Report who had seen some postings I had made online about mobile devices and wanted to interview me for a story he was writing on it. Of course, I was happy to oblige and now I’m in the article!!
Update: The reported contacted me again recently to tell me that the article had been selected to appear in the print version of the magazine and they wanted to send a photographer out to take some pictures of me for use when the article runs. I haven’t yet heard from the photographer, but its still pretty exciting!
Cellphones as a Tax Write-offBy Matthew Bandyk
US News & World Report
March 21, 2008
Want a little-known tip for saving on your taxes? Try writing off the cost of your cellphone, iPhone, or BlackBerry as a business expense.
That’s something that many small businesses and entrepreneurs would probably love to do. A September 2007 survey of 1,000 small-business owners by AT&T found that 42 percent are so dependent on wireless technology that they say survival without it would be a “major challenge.” More than half add they expect to depend on it even more in the next two years.
But there’s some bad news about that tax deduction: The federal tax code says that businesspeople can write off only the parts of their wireless bills that are related to business purposes.
How do you figure that out? Count up all the calls you’ve made from your cellphone and all the E-mails you’ve sent from your BlackBerry. What percentage of those calls and E-mails were related to your job alone, and not communications with your family or friends? That’s the share of your phone bill that you can write off. And it’s the case regardless of whether you are an employee with a company-provided phone or you’re self-employed using your own phone for business.
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And the part of the article that I’m in:
One small-business person who has used wireless technology to his advantage is Marc Bressman, who runs his own company, Falcon Computer Consulting, in Livingston, N.J. “I almost consider my wireless device a laptop replacement,” he says. When he’s traveling to clients’ offices to help with computer problems, he can use his Palm Treo to access his list of contacts with phone numbers and addresses stored in his E-mail account.
The availability of hosting services has made wireless technology easier for small businesses to use despite their tax treatment. These services overcome a problem for many small businesses and self-employed people: They don’t have the time or money to get E-mail exchange servers to store all the calendars, contacts, E-mails, and files that need to be synced with a wireless device. Large corporations can afford to set up those servers themselves. Bressman says that using an exchange-hosting service gives him the same capability at less cost than doing it himself. Bressman uses a service called ShareWeb; others include 4smartphone and MailStreet.
So would Bressman ever consider recording all of the business E-mails and calls he makes to try to write his wireless bill off his taxes? “It would take so much time to keep a log that it would defeat the purpose of any savings you’d be making,” he says.
Courtesy of US News & World Report