Join GSA at ITEXPO to meet industry experts who will help you evolve your business, reduce costs and offer better customer management. Our pre-event workshop is being held February 12 at noon. Go here to register.
GSA is glad to sponsor the Telestrategies’ Communications Taxation event May 13-15 at the Phoenix Biltmore in Phoenix, AZ. In conjunction with the event GSA will offer a free State Regulatory (PUC) workshop the morning of May 13 on site. This informative workshop will cover the following items;
Public Utility Commission Technical Filing Requirements – While many content providers and outsourced service providers focus on indirect tax, compliance with state Public Utility Commissions does not get the attention that is needed. Your PUC license is a valuable asset of your business. Without focus on Regulatory Compliance this valuable asset can be lost or placed in jeopardy. This Workshop will focus on the technical filing requirements of PUC compliance.
Case Study in Public Utility Compliance – Regulatory compliance issues, the rules driving commission remittances and imposition based on license type are the focus of the session. We will also explore recent case studies and activity by the commissions to seek out non-compliant carriers. This session will map a path, that will avoid the pitfalls of non-compliance and focus on what each licensed carrier type should be prepared for.
Licensing with the Public Utility Commission (A Company Asset) – This session will focus on the various licensing requirements for specific carrier types. The presenters will share the highlights of the process to obtain an asset license for your business, focusing on requirements, process, pitfalls, timeline and cost.
To register for free please follow the following link. http://www.cvent.com/d/66qsc5/4W
We hope to see you there!
Global Strategic Accountants, LLC
GSA has teamed up with two other industry leading suppliers to provide a cohesive solution to Evolve your VoIP or CLEC business through greater control over customer DIDs. This unique offering allows VoIP providers to gain greater control over the port in and out of customers DIDs. In recent studies, findings show that the average VoIP provider can not only gain greater control over their DID’s but in most cases, it can also result in a significant increase in profit.
In 2016, the FCC changed the rule regarding qualifications for carriers who wish to manage their own DIDs. Prior to this ruling, only CLECs and ILECs could directly control DIDs, handle porting, gain access to local number pooling, and register to 911. Later in the year, the order was extended to VoIP and Wireless Carriers who register and qualify under the guidelines. In short, a VoIP or Wireless Carrier must be an Interconnected Carrier – either by their own infrastructure, or through interconnection agreements, and show proof that they can and will conform to the Numbering Database guidelines for managing the DIDs they possess.
Providers looking to enter this space, and take control of their numbering assets, are faced with an uphill regulatory battle on top of new administrative challenges. While it is now possible for VoIP and Wireless Carriers, the underlying requirements and procedural changes can be daunting and out of reach for most businesses without significant financial investment.
Porting.com has teamed up with Global Strategic Accountants, LLC (www.gsaudits.com) and Peerless Network(www.peerlessnetwork.com) to unveil a simplified method for VoIP and Wireless Carriers to scale their businesses through new revenue channels, reduced overhead, and enhanced control of their most important asset – numbers. This collaborative solution, aptly named VoIP Evolution, is a process by which providers can transition from a reseller to becoming an FCC-approved Interconnected VOIP Provider (IVP), establish wholesale interconnect agreements to gain access to the PSTN, and gain access to their own numbering resources for local and toll-free numbers.
Research has shown that there is significant cost savings associated with controlling numbering resources. Recurring DID fees are eliminated for numbers that are “on-net” (LATAs where the business has thousand blocks), and provisioning teams gain direct control of the pre-port (LSR) and port (SV Management) process, leading to greater customer satisfaction and faster activations. For numbers that are “off net” you still will have the ability to view and control activities with this program.
In a recent study performed by Global Strategic Accountants, LLC, a business with 15,000 DIDs under contract and 500 ports per month would realize an estimated monthly savings of $10,770. With return on investment being achieved in 2.79 months, the business would see an estimated $99,240 first year benefit and $116,172 benefit in the second year to devote towards additional support for managing the DIDs inhouse.
Together, through this collaborative solution, Global Strategic Accountants, LLC, Peerless Network and Porting.com, aim to grant local number control to providers who have yet to realize their most important business asset.
ABOUT GLOBAL STRATEGIC ACCOUNTANTS, LLC
Global Strategic Accountants, LLC was formed in 2002 with the goal of providing superior telecommunications consulting services and solutions to help clients meet their business needs. They are among the most recognized telecommunications consulting firms in the country and are a dynamic business spearheaded by industry leaders with proven track records of providing unparalleled first-class service to meet compliance and customer needs. Under their guidance, they are able to define clear objectives, deliver topnotch work, and meet deadlines to effectively provide assistance when businesses need it most.
From CSR/LSR to SV activation and every step in between, Porting.com features full-service solutions for local number porting, CSR/LSR, LSMS, and local number query. With the most technologically-advanced, user- and developer-friendly TPP management and SOA platform on the market, as well as the only provider to include APIs with each subscription at no additional cost, Porting.com is leading the industry in LNP automation.
The overriding goal at Peerless Network is to simplify the interconnection process of telecommunication systems and enhance competitiveness in emerging markets. Peerless does this by building solutions that help customers lower their costs, scale more efficiently, enter new markets faster, and improve the quality of service they deliver to their own customers.
ABOUT PEERLESS NETWORK
Peerless offers a complete line of tandem, end-office and value-added services designed specifically to enhance competitiveness in the telecom market. Long Distance Providers, Wireless Carriers, Cable Companies, CLECs, VoIP and Enhanced Service Providers and telecom-intensive Enterprises all rely on Peerless Network to provide high-quality and innovative services, at market-driven rates.
GSA will once again be participating in the 2019 Channel Partners Conference and Expo at Mandalay Bay in Las Vegas, NV April 9-12.
Learn about our Cost Control and Revenue Assurance offerings to make profit a priority for your business in 2019. Additionally, you can learn about our back office accounting services and of course GSA’s best of breed compliance services for Tax and Regulatory.
GSA will be in booth 1235. We cannot wait to see you!
For Release: January 4, 2019
Global Strategic Accountants LLC Announces New
Bookkeeping and Corporate Tax Services
ATLANTA — Demand for Back Office Accounting support and Corporate Tax services lead Global Strategic Accountants LLC to offer several levels of Accounting support for the communications industry.
Managing the back-office accounting and other accounting functions such as cash flow management, vendor administration and reconciliations of various income and expense streams can be the difference between success and failure for growing companies. Whether you are a start-up or an enterprise, GSA has the expertise and automation to efficiently handle your back office accounting process and corporate and personal income taxes.
“This is a natural extension of GSA’s services and expertise,” said Zach LaHood CPA, GSA Controller. As a trusted advisor on tax policy and proven back office support processes you can work with professionals who understand your business and have the accounting experience to make your accounting process effortless, so you can focus on growing your business. “ We have several levels of support depending upon your unique needs. GSA’s team can work along side your staff or CPA to offer support and reporting where needed, “ Zach added.
Back Office Accounting Services include Support levels such as standard “Bookkeeping” support for monthly account reconciliation and quarterly reporting up to “Controller” level support for a more robust suite of services such as forecasting, cash flow management, payroll and more.
Business Tax Services can include Federal and State Income Tax returns with support on gathering financial data as needed.
About Global Strategic Accountants LLC
Global Strategic Accountants LLC provides regulatory, tax, and compliance accounting via a suite of services under the brand name RBO®. These Regulatory Back Office services manage regulatory rules and policies; billing-related customer experience management; carrier licensing; and, reporting and remittance. Within the telecommunications space, GSA provides revenue assurance through its latest service, RBO® TEM (Telecom Expense Management For more information, go to GSAudits.com or email [email protected]
Learn from Tax and Technology experts, network with peers and find out what is new with one of the top tax content providers. You can even get CPE credits and hands on training! To find out more go here
See you in beautiful Hollywood Beach, FL!
Did you know that Licensing for a telecom is not a Necessary Evil rather it is an asset! FCC and state level Public Utility Commissions are very clear on who and how a carrier must be registered. And most regulating municipalities are no different. All want to know who are performing necessary communications to their constituency.
But, for the well informed and well planned enterprise, this is an opportunity. By planning for and recouping the cost of jurisdictional registration, licensing and reporting a carrier builds its foundation of business on solid grounds. Those that do not act appropriately spend more money than planned defending their inaction (something we will discuss in a future blog). Yes. Licensing is an asset. How do we know? GSA is often brought in to evaluate a company’s performance to compliance during an acquisition. We have seen the value decline by as much as 75% of the market value due to the target acquisition entity failing to comply with regulatory and indirect tax responsibilities. In today’s sophisticated investor pool, due diligence is designed to root out “successor liability” and for telecom companies the deepest pool of liability is in failed performance to regulatory and tax.
At the root of this failure is usually at the onset of business. Simply put, if you are not licensed to do business as a telecom, buyers may not be interested in that revenue and there goes the value of your company. Licensing, (and reporting) are the fastest way to build confidence for any future sale and if you can make a business perform the right way, your licensing asset will be a foundation others will want to buy.
GSA is excited to announce our membership with the FISPA organization. FISPA is a group consisting of small to mid sized CLECs and service providers who work together to serve their customers and collaborate on industry needs focusing on integrity in the marketplace. GSA is proud to bring our Regulatory and Tax expertise to the members of this group. See more here
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]
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.