Determining when and in which state and local tax jurisdictions your business has nexus can be incredibly complex, especially as jurisdictions expand nexus laws to collect tax revenue in response to the Wayfair v. South Dakota Supreme Court ruling.
Navigating the taxes and fees that apply to telecommunications, information services, and other revenues that vary by jurisdiction—regardless of whether providers are regulated or unregulated—is key to assess the tax impacts to your business and your customers. This can be an especially complicated task for businesses that have numerous revenue streams and must map taxes and fees.
Assess and reduce the risks posed by taxing and regulatory agencies with guidance from our professionals. Educating your business leaders on the nuances of industry tax implications, we can help you develop strategic tax plans that inform your business initiatives.
Maintaining compliance with state and local tax and fee obligations can help:
- Predictably measure anticipated cash outflow
- Prevent disruption to customers who often pay the passed-on indirect taxes
- Predictably measure financial statement liabilities, including Financial Accounting Standards Board Accounting Standards Codification® (ASC) 450 contingent losses
We can help you maintain compliance with and plan for impacts from sales and use tax, gross receipts tax, utility tax, excise tax, E911 fees, federal excise tax, federal and state universal service charges, telecommunications relay services fees, and other fees and surcharges.
Our state and local tax services can also provide support with:
- Nexus studies, transaction tax analysis, tax decision matrices, and tax engine implementation
- Taxability analysis for regulated and unregulated providers
- Voluntary disclosure and amnesty and controversy representation
- Refund claims and private letter rulings
Stay compliant and work to increase your recovery amounts with our State & Local Tax, Voluntary Disclosure Agreements, and Sales & Use Tax Compliance Services.