Section 2043 of the Small Business Jobs Act of 2010 removed cell phones from the definition of listed property for taxable years beginning after December 31, 2009.  On September 14, 2011, the IRS issued Notice 2011-72 providing guidance to employers on the tax treatment of employer-provided cell phones.

Picture this scenario.  You have been working on a proposal for the last few days.  You make sure to save the document so that all your work is stored on the computer’s hard drive.  Just when you’re almost finished, a blackout occurs!  You think you’re fine, but once power is restored you realize something’s wrong.

In its continuing search for additional tax dollars, the Franchise Tax Board on August 1, 2011 released the Voluntary Compliance Initiative 2 (“VCI 2”).  The filing period for this program is August 1 through October 31, 2011.

Mark Dean, IBM executive and one of the designers of the original PC, has officially announced that “the PC is dead.”  That’s right folks, it’s finally time to unplug that tower, close up that laptop lid, pack it all up and chuck it in the bin.