September 3, 2008

Wireless Phone Taxes

For many companies, the wireless portion of telecommunications bills is a significant segment of their overall monthly telecom expenditures. Despite the fact that wireless rates have dropped over the past five years, the taxes portion of wireless bills has increased dramatically.

Like it or not, taxes for wireless phone service far exceeds the tax rate for other consumer goods and services - even alcohol and tobacco! Federal, State and Local taxes on a typical wireless bill can vary from 10% to as high as 24% or more of the total monthly service charges depending on the state the customer resides… [read more]

More Home Business Tax Savings

Filed under Economy by VicBils

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