Posts by Lance Steinhart

What Businesses are Subject to Communications Services Tax? Companies that offer communications services are generally required to collect and remit communications services tax unless a regulatory authority specifically exempts them. As there are many regulating authorities and relatively few exemptions, this is a tax obligation that many companies in the telecommunications industry must attend to.…

Many businesses save money and time by outsourcing their sales tax compliance matters to specialized consultants. Here are five reasons to consider hiring sales tax consultants for your business. 5 Reasons Why You’ll Benefit from Sales Tax Consulting 1. Better Compliance Reduces Audit Risk Specialized sales tax experts will help your business remain in compliance…

Managing tax-free sales transactions is an administrative challenge for even the most compliance-conscious business. Paper methods that rely on physical certificates will almost always have errors, and even some electronic solutions are prone to mistakes arising from invalid, expired, or altogether missing certificates.  Of course, these errors and mistakes can lead to audit issues, past-due…

We are excited to announce the merger of Telecom Professionals, Inc. and FAS Tek Compliance under one brand – FAStek. This is an important milestone for our organization and one that will strengthen our position as the leading nationwide Communications Tax and Regulatory solution provider through technology and resource synergies. Historically, communications businesses were forced…

What is a sales tax nexus? A sales tax nexus is a connection between your business and a state that requires you to register for, collect, and remit sales tax. “Nexus” is simply a legal term to describe the substantial connection between your business and a state. If your business does not have a nexus…