Telephone Tax Savings for 2006
Filed in archive Finance by Deborah Brown on March 23, 2007

You can calculate the amount spent manually...that means digging out EVERY SINGLE PHONE BILL for those 41 months and adding up the federal excise tax to arrive at the amount that should be deducted.
OR
There is an estimated process which will save time and valuable payroll dollars that could be used for other projects.
Attached is a PDF I found that provides easy to understand instructions - but to be safe, make sure you talk to your accountant for the scoop in your state.
For those doing your own taxes - a separate form number 8913 will need to be completed.
Check it out - you may enjoy a sizeable deduction!
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federal telephone excise tax accountant 2006 tax return business small+business
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