Employer-paid group-term life insurance coverage in excess of $50,000 This fringe benefit is subject to the withholding of Social Security and Medicare taxes (FICA) only. Though the amount is included in gross wages, federal and state income tax withholding is not required.
To get the answer to that question, we need to look back more than a century. Alexander Graham Bell invented the telephone in 1876. And then in 1900, on December 23 on the outskirts of Washington, D.C., an inventor named Reginald Fessenden accomplished a remarkable feat: He made the first wireless telephone call.
It took 63 years for the first cell phone to be released to the public in Japan. It was invented by a man named Martin Cooper in 1973 while he was working for Motorola. So now you know when the cell phone was invented. Now letâs look at some interesting facts about the cell phone. Facts about cell phones: 1  The first cell phone released by Motorola was the DynaTec phone. 2  It cost a whopping $3,500 and did not sell particularly well to the general public (I wonder why!). 3  The Nokia Communication was the first mobile phone to enable wireless email and internet connection. 4  It was released in 1996.