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Product & Service Catalog Optimization

From chaos to clarity 

 

Compliance isn’t a one-size-fits-all process, especially in communications tax. Optimized compliance begins with the structure of your product and service catalog. When built correctly, it ensures proper classification, minimizes liabilities, and supports a confident tax strategy. 

Key Aspects of Catalog Optimization
  1. Compliance alignment
    Accurately classifying each product and services into correct tax and regulatory categories, ensuring clear implications and proper code assignment.

  2. Taxation Optimization
    Analyzing each product and service to determine the most advantageous tax treatment, including identifying exemptions, deductions, or special rates.

  3. Regulatory Fees Optimization
    Evaluating the impact of regulatory fees on each product and service and ensuring proper reporting and remittance to the relevant regulatory authorities.

  4. Customer Billing Transparency
    Ensuring customer invoices reflect applicable taxes and regulatory fees for each product or service, promoting transparency and reducing billing disputes. 
Why It Matters

An optimized catalog helps you:

  • Streamline compliance processes
  • Minimize risk of non-compliance
  • Create competitive pricing options
  • Scalable compliance as you grow  
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Contact TaxConnex® Today.

Learn more about the TaxConnex® Difference, and how we help businesses like yours to reduce the stress and anxiety of managing communications tax. 

See What Our Clients Say

With customers all over the United States, the sales tax issue was quickly becoming too complicated for us to manage. I liked what TaxConnex offered. They were focused on us as well as registering, filing, and paying sales tax, plus they offered a fair price, so it just made sense to work with them.

Neal McAtee
WorthPoint

We needed a partner, not 300 people touching our account. Returns were wrong, payments missed, and notices piled up. It was more work having them than doing it ourselves. Robert [CEO at TaxConnex] didn’t just talk partnership; he lived it. Proactive, flexible, and focused on doing what’s right. Exactly what we needed; someone who feels like part of our team.

Director of Tax
Case Study: Telecom Tax

TaxConnex registers our companies in different states, manages our returns and payments, and handles all the notices. As far as I’m concerned, it’s a complete package.

Cheryl Solaris
TDS