As providers scramble to develop new services, tax compliance is often an afterthought. That’s unfortunate because avoiding compliance introduces risk and can affect the value of the business at the time of sale.
ATLANTA, GA (PRWEB) September 17, 2012
CCH CorpSystem SureTax, the leading provider of dynamic, on-demand telecom taxation solutions for new and existing VoIP, telecom and media providers, has published additional VoIP Tax and Cloud Computing Tax resources for service providers.
Now available are “Taxing the Cloud: State and Local Tax Issues and Implications of Cloud Communications Services on Cloud Computing” and “Sales Tax and Government Fee Implications of Mergers & Acquisitions involving Cloud Computing and Communications Services”. Written by Jonathan Marashlian and Allison Rule from The CommLaw Group, both articles provide insights for management and entrepreneurs in the booming cloud communications and computing services space.
“As providers scramble to develop new services, tax compliance is often an afterthought. That’s unfortunate because avoiding compliance introduces risk and can affect the value of the business at the time of sale” says Brent Reeves, SureTax VP. “Our clients should rely on outside counsel for expertise they need up front to identify and address their tax issues. This includes new startups and even ventures that have been in operation, but without proper accounting and reporting.”
The two articles released today are intended to raise awareness about taxes and government fees among business leaders from the rapidly evolving “cloud” sector. “As they say, there are two certainties in life, ‘Death and Taxes.’ In the world of telecom, dealing with tax issues can be painful, but ignoring them can be deadly. We believe in affording clients a less painful way to avoid death by taxes; we do so by turning compliance into competitive opportunity,” adds Jonathan Marashlian, Managing Partner at The CommLaw Group. “By approaching compliance from the perspective of competitive opportunity we seek to reduce risks by implementing compliance solutions while simultaneously working to lawfully limit the exposure of revenue to taxes and regulatory fees, so as to ensure compliance without sacrificing competitiveness.”
SureTax offers dynamic, on-demand telecom taxation solutions for new and existing VoIP and telecom providers driven by content from CCH, the industry leading global provider of tax, accounting and audit information. SureTax’s flagship product, SureTax Telecom simplifies the complex world of telecom taxes with a robust, “real-time”, web-based tax calculation solution that is delivered as a SaaS cloud computing technology.
For more information about The CommLaw Group, visit CommLawGroup.com.