Essential Steps to Achieve Telecom Tax & Regulatory Fee Compliance
Succeed and accomplish your compliance goals with the help of experienced legal and consulting professionals combined.
Serious Growth is Built on Smart Compliance
Compliance is complicated and should not be outsourced blindly.
- Reduce over- and under-collection risk
- Ensure your products are price competitive
- Recover compliance costs without impacting margins
- Create defensible positions in case of audit
Stick to Our Proven Method to Avoid “Garbage In, Garbage Out”
Perfect your company’s Data Inputs and Outputs by doing it The CommLaw Way! Then trust the best in breed professionals of The Commpliance Group to maintain your compliance!
Essential Steps to Achieve Accurate, Optimized, and Reliable Telecom Tax & Regulatory Fee Compliance
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STEP 1. Define & Classify
Compliance Accuracy Starts with Your Product & Service Catalog
What's a Product & Service Catalog?
It’s an Excel Spreadsheet listing every billable product, service, bundles, and surcharges offered by a service provider.
How We Help:
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STEP 2. Optimize Catalog
Don’t Just Comply. Comply Intelligently! Maximize Compliance and Still Minimize Your Exposure to Taxes & Fees
Your Product & Service Catalog is key to reducing tax and fee burdens while recovering compliance costs.
Benefits of Optimization
Minimizes collection risks
Competitive pricing
Covers compliance expenses
Defends against audits
Common Optimization Opportunities
Bundled Service Revenue Allocations
Geographic Jurisdictionalization
Cost Recovery Fee
How We Help:
Our Telecom Law attorneys analyze bundled services, applying lawful revenue allocation methods to optimize your tax exposure.
Failing to optimize means your company is subsidizing its competitors!
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STEP 3. Mapping & Testing
With Perfected Data Inputs, Your Path to Compliance Continues with Tax Engine Integration
Next, it’s time to integrate your company’s perfected Data Inputs into a tax calculation engine and conduct thorough testing to ensure flawless Data Outputs for customer invoicing.
What is Tax Mapping?
How We Help:
Every tax engine is distinct, and there’s no one-size-fits-all solution. Rely on our seasoned experts, who bring their deep knowledge, years of experience, and valuable vendor connections to tailor the most efficient and effective approach for your individual needs.
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STEP 4. Alignment
Now You are Ready to Start Invoicing. But Your Compliance Journey Isn’t Over Yet!
It’s Time to Align Perfected Data Outputs to Ensure the Most Accurate, Efficient and Affordable Compliance Reporting!
The final step in the “legal” process is the alignment of Data Outputs with the compliance filings and reports. It’s imperative that your company and/or its compliance partner have access to accurate, thorough, and easy to understand and use data to ensure accuracy, efficiency, and confidence when reporting to various governmental authorities, like USAC, Departments of Revenue, 911 administrators, and others. Our approach to aligning Data Outputs with the applicable compliance reports, returns, and filings makes it easier for your company to minimize costs, errors, and avert the costly cleanup efforts many service providers encounter because they neglect this essential step in the compliance process.
Time to Finish Strong!
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STEP 5. Outsource Compliance
Don’t Mess Things Up Now!
Trust the ‘Best in Breed’ Vendor of Outsourced Compliance Services
After completing the first four essential steps to ensuring accurate and optimized Telecom Tax & Fee Compliance, entrust The Commpliance Group with the implementation and management of your compliance obligations.
In a market flooded with vendors promising an ‘Easy Button,’ The Commpliance Group is the one outsourced compliance service provider willing to tell the hard truth. While the ‘Easy Button’ may sound appealing to startups daunted by regulatory and tax compliance complexities, we prioritize transparency and confidence in compliance over empty promises.
Compliance is NOT easy, it’s complicated.
Contact The Commpliance Group for more information and to receive a quote.
Compliance is complicated. We do it right.
The unique relationship between Marashlian & Donahue, PLLC, The CommLaw Group and its affiliated outsourced compliance consultancy, The Commpliance Group, provides wraparound support for companies operating in the heavily regulated and taxed communications services industry.
New Law, New approach
We Don’t Do BIG Law. We Do Better Law!
We redefine the delivery of legal services to meet the expectations of modern clients. With a practical and pragmatic approach, we prioritize efficiency and employ business processes that ensure the right professionals handle the right tasks at the right price.
Our commitment to transparency and predictability shines through our billing practices. Harnessing emerging technologies, including artificial intelligence, we augment and enhance the expert services provided by our exceptional legal professionals. With a team of talented, knowledgeable, and personable individuals, we strive to deliver unparalleled legal solutions tailored to your specific needs.
