Posts by Lance Steinhart

Many businesses give little thought to their telecom tax provider once they’ve chosen one. As with almost every business service and expense, it’s wise to occasionally consider what you pay for the service and what your provider actually does. Critical Questions to Ask you Telecom Tax Provider To help asses your current provider’s offerings, here…

Let’s face it – with the laws continuously changing on state sales tax, it’s often difficult to know what and how to file sales in that state. States recognized a lot of the confusion, especially for remote sellers. As a result, the Streamlined Sales Tax (SST) was created to address the problem. Before starting the…

Achieving dependable telecom tax compliance can be a complicated road and without a proper roadmap, or checklist, can end up jeopardizing your business with crippling penalties and interest. We teamed up with Rev.io to put together a checklist of items to help you achieve telecom tax compliance and recorded this live webinar to walk through…

Sales tax obligations that aren’t properly reported to the appropriate department of revenue pose a significant tax liability, as an audit of these obligations can lead to penalties, interest and perhaps even more substantial consequences. For businesses that have unreported state tax obligations, however, there is a path to comply. Voluntary disclosure agreements provide a…

The complexities of telecommunications tax make any telecommunications company potentially susceptible to an audit. However, there are steps that companies can take to reduce their risk of being audited and their potential liability in the event that they are audited. If your company is in the telecom services space, use these five tips to address…

The communications industry is subject to some of the most complex tax laws in the United States, and there are plenty of places to make an error in calculating, collecting, remitting, and reporting the necessary taxes on products and services in this sector. Here are five common tax compliance mistakes that telecommunications companies make and…

As any telecom service business is aware, Telecom taxes is a complicated subject. For businesses in the industry, effectively managing regulatory compliance issues is essential to long-term success. Telecom Regulatory Compliance Issues are Challenging to Navigate Even when compared to other tax subjects, telecom tax issues are especially challenging.  There are at least a couple…

State communications services tax (CST) is a particularly complex field of tax law. In addition to the complexities of managing different tax rates across multiple jurisdictions, rapid innovation is creating uncertainties as tax codes are slow to catch up with technology. If managed improperly, these uncertainties can leave businesses that are responsible for calculating, billing,…

Telecom taxes encompass a range of federal, state, and district taxes and fees that telecom companies are responsible for collecting and submitting. Though they may be perceived as a sort of sales tax or excise tax on telecom services, they are much more regulated and extensive than standard sales tax. The telecommunications industry is the…