Legislation removes cell phone record keeping requirements

Another provision of the Small Business Jobs Act of 2010 removes cell phones from listed property so their cost can be deducted or depreciated like other business property, without onerous record-keeping requirements.

This is good new for small business owners who probably were not meeting the requirements of the law anyway and even better news for those that were doing the paperwork. It is nice to see any small steps toward making it easier to have a small business in America.