TMCnet News

mW SMART Platform from mindWireless Enables Corporations to Comply with IRS Tax Regulations on Personal Use of Corporate Cell Phones
[June 28, 2009]

mW SMART Platform from mindWireless Enables Corporations to Comply with IRS Tax Regulations on Personal Use of Corporate Cell Phones


Jul 27, 2009 (Close-Up Media via COMTEX) -- The level of detail needed to comply with IRS tax regulations and other corporate governance requirements is available through wireless telecom expense management (TEM) provider mindWireless' automated mW SMART software platform, according to officials.

"Using millions of data records in our client database, we researched apparent wireless personal use, mostly looking for after hours calls to the same number and that number appearing during work hours," said David Wise, co-founder and managing partner of mindWireless. "Over the years we've consistently found that personal use of a corporate device has generally been minimal. Our mW SMART platform has enabled managers to identify suspected calls since the release of its mW SMART platform in 2004. Options make it easy for managers to review and tag calls for validation by the employee, and the B2B integration launched mid-2008 streamlines any tax information that must be sent to payroll." Congress debated the repeal of a personal cell phone tax. An article in the June 13, Washington Post reported that Reps. Sam Johnson (R-Tex.) and Earl Pomeroy (D-N.D.) sponsored legislation last year to repeal the statute. It passed the House but not the Senate. Those lawmakers, as well as Sens. John F. Kerry (D-Mass.) and John Ensign (R-Nev.), have introduced similar bills this year, with the endorsement of the Obama Administration.

mindWireless helps companies manage their wireless devices and usage.


((Comments on this story may be sent to [email protected]))

[ Back To TMCnet.com's Homepage ]