Reduce your Communications Tax Compliance Risk Now
The two most important things to know about complying with Tax & Regulatory obligations:
#1 - Don't mess with the Federal Communications Commission
Register and implement a compliance program before your first sale.
#2 - Don't forget about state and local tax and regulatory obligations
Have a plan to monitor and address exposure to additional compliance risks as your company grows.
Fortunately, for those in the rapidly advancing world of communications, robust competition and low barriers to entry have driven the U.S. Communications marketplace into becoming a $1.4 trillion dollar industry.
Unfortunately, in order to take advantage of this burgeoning business opportunity, services providers have some significant compliance hurdles to overcome and manage. Communications providers of all stripes and sizes, from traditional telephony to wireless and even VoIP, must contend with an archaic, complex and diverse patchwork of tax and other regulatory impositions all across the country. How can well-intentioned, law abiding businesses participate in the exciting communications industry without having every Dollar in revenue cost them Two Dollars in compliance expenses?
- Comply with the Federal Communications Commission’s rules and regulations from Day 1. Unlike many other authorities, the FCC is inflexible and does not bend to accommodate the “but we’re a start-up and our revenue is de minimis” excuse.
- Know where you’re exposed to other Taxes and Fees and engage in Risk Management to help you decide when, where, how and how much to pay to come into compliance in the State and Local jurisdictions where your company is deriving revenue. Don’t fly blind or you’re likely to crash. Instead, let the data illuminate and help drive your compliance decisions while simultaneously managing your compliance costs. Comply based on risk exposure. Invest more in compliance when risk exceed your tolerance for exposure.
The Commpliance Group partners with CCH SureTax, the premier Communications Tax and Fee database and software vendor, to deliver our one-of-a-kind Compliance Risk Management solution packages, specially designed to control compliance expenses during your company's market entry and growth phases, all while effectively managing exposure to risks.
OUTSOURCED COMPLIANCE SOLUTION PACKAGES
|D.C. Registered Agent|
|State SoS Registration|
|State PUC Registration|
|State DoR Registration|
|Subscription to Compliance & Reporting (Federal)|
|Subscription to Compliance & Reporting (Single Jurisdiction)|
|Subscription to Compliance & Reporting (Multi Jurisdiction)|
|Tax Engine Account (For Review Only)|
|Tax Engine Account (Customer Billing)|
|Risk Monitoring (Quarterly)|
|Risk Monitoring (Monthly)|
|Monthly Fee (Plus Admin Cost)||$225||$350||$650||Call for pricing|
|One Time Set Up||$125||$1,250||$1,250||Call for pricing|
One time Set Up for Entry and Growth includes mapping of up to 25 products. If additional mapping is required, hourly consulting fees apply. All third party and governmental filing fees and costs are passed through.
Administrative Costs include items such as photocopying, postage (US Postal Service only) and applicable credit card or bank processing fees. Administrative Cost Fees are calculated at 5% of the amount/s billed and will be invoiced at the time the Fixed-Fee services are charged or during each billing cycle in which usage-based, consulting services are provided.
Jurisdiction for regulatory and tax compliance purposes encompasses filing reports with state-wide Public Utility Commission, Department of Revenues, e911 Public Safety Boards, and a Secretary of State and local regulatory, tax and e911 authorities in a single county and city.