Telecommunications taxes require a very specialized expertise and can be challenging for any size organization. There are a myriad of taxability rules associated with the various aspects of telecomm tax - wireless, local, long-distance, prepaid, data communications, etc. Nuances between states make understanding the taxability even more difficult.
Once you get your arms around the taxability, then local jurisdictions complicate the compliance process by requiring hundreds, and sometimes thousands, of returns to be filed each month.
Add to this frequently changing rules and the introduction of new technologies and you can find yourself on a never ending treadmill struggling to keep up. Developing in-house expertise is one option…leveraging TaxConnex and our knowledge base is a better option.