Today the FCC announced it was eliminating certain Federal reports for US telecommunications carriers offering International services; specifically the annual traffic and revenue reports. The FCC sited costs vs. benefits as the reason for this move and infers the savings will benefit both carriers as well as government bodies. To read the full report follow this link https://www.fcc.gov/document/fcc-streamlines-part-43-international-reporting-requirements
For Immediate Release: September 22, 2017
Global Strategic Accountants, LLC (GSA) acquires Sales Tax Associates, Inc.
Alpharetta GA–Global Strategic Accountants, LLC (GSA), the recognized leader in full service, telecommunications tax and regulatory compliance outsourcing has agreed to purchase Sales Tax Associates, Inc (STA). STA is headquartered in Austin TX and is another leading Tax and Regulatory compliance service provider for both the Telecommunications and Energy sectors. This acquisition is the second for GSA and was preceded by GSA’s acquisition of Regulatory Back Office, now RBO® in 2009. “I am so proud of GSA and its ability to merge with STA, a company that has provided impeccable service to its clientele. Their commitment to excellence is widely appreciated by their customers and is exactly the type of commitment we expect from our team.” Matt LaHood – CEO for GSA.
Sales Tax Associates, Inc. was founded by Daniel Tarrillion, a CPA from Austin TX. He and his team serve some of the largest carrier organizations in the industry. “We have worked together and collaborated with GSA on and off for the last six years. It is not often that two companies can have such compatibility with their teams and philosophies. We look forward to merging our knowledge and expertise with the GSA team and their operational systems. Their innovations were very important to me in making the decision to join forces.” Daniel Tarrillion – Executive Vice President for GSA.
GSA most recently announced the release of their portal systems, RBO® CostTracker, RBO® NoticeTracker, and RBO® CertTracker. GSA continues to expand the reach of these services while enhancing the systems themselves. “GSA’s focus is on transparency and customer service. For far too often, outsourced compliance has been a “black box” service. At GSA, we collaborate with our customers to manage the entire enterprise from customer experience billing policy to the actual performance to tax jurisdictions. In today’s business environment, there are too many chances to get something wrong. Sharing our process and being in contact with the client gives them control and peace of mind. This is the single biggest driver of our rapid growth in the industry. – Joe Solana, President and COO for GSA.
Global Strategic Accountants, LLC now has the most experienced team for Telecommunications Regulatory and Tax Compliance Affairs. GSA has expanded our team to better meet the needs of a changing, dynamic industry. “The innovations that carriers, and non-carriers alike, seek to apply to telecommunications products and service never ceases to impress me. I love to seek the most efficient tax policy for those that come to GSA seeking professional advice. We are always pushing the limits of our knowledge to get results for our customers.” Samantha Maqueo, Vice President of Regulatory Affairs for GSA.
About Global Strategic Accountants
Global Strategic Accountants, LLC is the leading Telecom Regulatory and Indirect Tax advisory and compliance outsource company. With over 15 years’ experience in the industry, GSA has performed regulatory reviews for telecommunications providers since its inception and is perhaps the most experienced with understanding guidelines surrounding federal and state regulatory and tax rules. Combined with our repositories of data on over 24,000 jurisdictions; GSA is unsurpassed in insuring carriers build proper and efficient billing rules in their Business and Operational Support System.
For more information regarding Global Strategic Accountants, LLC, their services, or compliance relations, please go to www.globalstrategicaccountants.com, call Matt LaHood at 678.687.1435 or email at [email protected]
Do you want to go from being a referral source for Telecommunications solutions to where the opportunity is as your own carrier brand? Join GSA’s Matt LaHood, AT&T’s Meredith Caram and Altaworx’s Bob Nichols for a special VIP event on Wednesday September 27 at 10:30 AM on becoming your own brand. This expert panel will provide the steps and strategies to becoming your own brand with all important speed to market partnerships.
Get your questions answered, network and take the next step in your business.
For more information go here and register.
For Immediate Release:
Altaworx and Global Strategic Accountants Partner to Offer a Complete Wireless Incubator Solution
Collaboration Creates Opportunity For Those Looking to Enter the Wireless Space
Fairhope, AL–Altaworx is a Diversified Communications company announcing today a formal collaboration with Global Strategic Accountants, LLC, a recognized regulatory and compliance authority in the telecommunications industry. Together, Altaworx and Global Strategic Accountants (GSA) offer the opportunity for businesses to offer Wireless solutions without having the regulatory and tax burden and expense most carriers endure.
“We’ve seen the barriers regulatory and tax obligations have on entering a market and growing your business. This new collaboration with GSA will allow us to help clients get their products to market faster with less overhead,” Said Altaworx President Rickie Richie.
As recognized industry leaders, Altaworx and Global Strategic Accountants align their expertise to deliver unmatched end-to-end solutions. “GSA, the carriers supporting Altaworx and Altaworx themselves see the gap in the marketplace where agents and resellers want to safely grow their brand. The MVNI™ Incubator program is the best way to get that accomplished and the response has been phenomenal!”, said Matt LaHood, CEO of Global Strategic Accountants, LLC.
For more information regarding Altaworx Communications offerings please visit http://altaworx.com/products/iot-billing-incubator/
Altaworx is a diverse communications company offering such services as Voice, Wireless, IoT Internet and Data. Headquartered in Fairhope Alabama Altaworx is a privately held company founded in 2001 and serves companies across the nation.
About Global Strategic Accountants
Global Strategic Accountants, LLC is the leading Telecom Regulatory and Indirect Tax advisory and compliance outsource company. With over 15 years’ experience in the industry, GSA has performed regulatory reviews for telecommunications providers since its inception and is perhaps the most experienced with understanding guidelines surrounding federal and state regulatory and tax rules. Combined with our repositories of data on over 24,000 jurisdictions; GSA is unsurpassed in assisting carriers build proper and efficient billing rules in their Business and Operational Support System.
All Telecommunications Carriers per FCC regulations are allowed to provision a Regulatory Recovery Fee. This fee is generally used to recover the costs of staying compliant. Essentially it is an administrative fee, and as such may be subject to indirect taxes and potentially other regulatory fees.
There is specific truth in billing rules that dictate what a carrier must disclose to their clients, and specific rules around what a carrier can and cannot include in a recovery fee. Additionally, there are specific guidelines and methods as to how the fee can be calculated.
The bottom line is that a carrier can create a revenue stream to recoup expenses and fees incurred as a compliant carrier. Most importantly, as with any billing item, specific books and records that support calculation methods, amounts collected, tax and fee liabilities must be created and maintained to support the client in an audit.
GSA has advised hundreds of clients on the proper calculation and implementation of recovery fees.
Tax Compliance Specialist
Position - Tax Compliance Specialist
How To Apply
You’ve found a communications service to sell, but how do you put together the billing and compliance operations that get the most out of your business and keep you out of trouble?
In this webinar, we will walk you through the process from start to finish. We will show a proven methodology for registration, billing and compliance that works for communications service providers selling everything from voice to IoT. You will learn how to put together a solution that enables you to collect for your services, manage your margin and avoid the penalties and fees of non-compliance. We will also discuss how to limit up front expenses when starting up a new communication business.
Join us Wednesday, June 14 at 2:00 EST. Follow this link to register today.
Telecommunications tax experts know the importance of staying up to date on the latest telecommunications tax rules and strategies. Telestrategies’ Communications Taxation Conference, being held in Miami May 15-18, is the event to attend for tax professionals. Opportunities for education, networking and some Miami style fun abound. For more information visit https://www.telestrategies.com/TAX/index.htm
See you in Miami!
For Immediate Release:
Vertex and Global Strategic Accountants, LLC Partner to Deliver Complete Communications Tax Software and Compliance Outsourcing
Collaboration Reduces Risks, Optimizes Communications Tax Management
Berwyn, PA – April 10, 2017 – Vertex, Inc., a leading provider of tax technology and services, today announced a formal collaboration with Global Strategic Accountants, LLC, a recognized regulatory and compliance authority in the telecommunications industry. Together, Vertex and Global Strategic Accountants offer communications service providers the tools and expertise to address communications tax complexity and apply appropriate tax rules.
Differences in taxation across jurisdictions and the sheer complexity of communications services taxation require detailed awareness of rules, rates and service categories to avoid triggering audit penalties or class action lawsuits, a challenge even for traditional service providers. With the evolution of communications services, from simple phone calls to VoIP (Voice over Internet Protocol), the Internet of Things (IoT), and beyond, the range of organizations that are subject to related taxes is expanding, making the combination of tax automation, consulting services and tax return compliance even more critical.
“As tax and regulatory authorities adjust to new communications services, tax legislation is often ambiguous or incomplete, making it difficult for service providers to navigate and calculate the proper amount of tax,” said Peggi Rockefeller, chief tax officer for transaction tax at Vertex. “Vertex tax solutions, paired with Global Strategic Accountants’ tax compliance managed services, reduces audit risk and optimizes tax return compliance so companies can focus on core business operations.”
As recognized industry leaders, Vertex and Global Strategic Accountants align their expertise to deliver unmatched end-to-end solutions. Vertex technology delivers precise tax jurisdiction assignment and accurate calculation of taxes and regulatory surcharges and fees, while Global Strategic Accountants deliver tax and regulatory return compliance, as well as tax and regulatory consulting services.
“The communications services market has evolved dramatically to an environment where communications services might be a small piece of what an organization offers. At the same time, taxation is just beginning to catch up to industry changes, creating a challenging scenario for businesses. Today, companies that deal with communications services need both tools and guidance to stay compliant,” said Matt LaHood, CEO of Global Strategic Accountants. “Vertex’s trusted corporate tax automation solutions integrate with our regulatory expertise to fully optimize tax collection and remittance and serve provider needs.”
For more information regarding Vertex tax solutions for the communications industry, please visit http://www.vertexinc.com/solutions/indirect-tax-solutions/communications-industry.
Since 1978, Vertex, Inc., has been a leading provider of tax technology and services, enabling companies of all sizes to realize the full strategic potential of the tax function by automating and integrating tax processes, while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based, on-premise, and hosted solutions that can be tailored to specific industries for every major line of tax, including income, sales and consumer use, value added and payroll. Headquartered in Pennsylvania, Vertex is a privately held company that employs over 850 professionals and serves companies across the globe.
About Global Strategic Accountants
Global Strategic Accountants, LLC is the leading Telecom Regulatory and Indirect Tax advisory and compliance outsource company. With over 14 years’ experience in the industry, GSA has performed: regulatory reviews; liability optimization and; market leading managed services for telecommunications providers since its inception and is perhaps the most experienced with understanding guidelines surrounding federal and state regulatory and tax rules. Combined with our repositories of data on over 24,000 jurisdictions; GSA is unsurpassed in assisting carriers build proper and efficient billing rules in their Business and Operational Support System.
Communications Service Providers are struggling with: shrinking profit margins, incorrect taxes on carrier bills, and confusing requests for exemption packages.
GSA and Rev.io are here to help to bring you answers on how to avoid revenue leakage and double taxation.
Learn about tax optimization, handling exemption requests and how to challenge tax misrepresentation.
To register go to https://go.pardot.com/l/137121/2017-02-23/23qgcv
We look forward to your participation!