Fortunately, for those in the rapidly advancing world of communications, robust competition and low barriers to entry have driven the U.S. Communications marketplace into becoming a $1.4 trillion dollar industry.

Unfortunately, in order to take advantage of this burgeoning business opportunity, services providers have some significant compliance hurdles to overcome and manage. Communications providers of all stripes and sizes, from traditional telephony to wireless and even VoIP, must contend with an archaic, complex and diverse patchwork of tax and other regulatory impositions all across the country. How can well-intentioned, law abiding businesses participate in the exciting communications industry without having every Dollar in revenue cost them Two Dollars in compliance expenses?

STEP 1:

• Comply with the Federal Communications Commission’s rules and regulations from Day 1. Unlike many other authorities, the FCC is inflexible and does not bend to accommodate the “but we’re a start-up and our revenue is de minimis” excuse.

STEP 2:

• Know where you’re exposed to other Taxes and Fees and engage in Risk Management to help you decide when, where, how and how much to pay to come into compliance in the State and Local jurisdictions where your company is deriving revenue. Don’t fly blind or you’re likely to crash. Instead, let the data illuminate and help drive your compliance decisions while simultaneously managing your compliance costs. Comply based on risk.

The Commpliance Group partners with CCH SureTax, the premier Communications Tax and Fee database and software vendor, to deliver our one-of-a-kind Compliance Risk Management solutions that control compliance expenses by focusing your company’s limited dollars on the highest risk compliance issues, at first, thereafter expanding to manage future risks as your company grows.

Dealing with tax and regulatory issues is complex and potentially costly. Nothing easy is ever worth it. With the right team at your side, however, compliance can be achieved in a cost effective manner without exposing your compan to unnecessary risks. Do not let the fear of tax and regulation stops you from capitalizing on the greatest period in our history for opportunity in the communications market.

MANDATORY LEGAL DISCLAIMER: NON-COMPLIANCE WITH FEDERAL, STATE OR LOCAL STATUTES, REGULATIONS AND RULES RELATED  TO  TAXES  AND  REGULATORY  COMPLIANCE  MAY  SUBJECT  YOUR  COMPANY,  ITS OFFICERS AND OWNERS TO FINES, PENALTIES AND EVEN IMPRISONMENT.  UNDER NO CIRCUMSTANCES SHOULD A BUSINESS COLLECT TAXES OR FEES AND FAIL TO REMIT THEM TO THE GOVERNMENT.  IF YOUR COMPANY IS PREPARED TO PAY FOR THE COST OF IMPLEMENTING AND MAINTAINING TAX AND REGULATORY COMPLIANCE AT ALL LEVELS OF GOVERNMENT, EVEN IF THE COMPLIANCE COSTS FAR EXCEED EXPOSURE, THEN YOU SHOULD REQUEST A FULL COMPLIANCE QUOTE FROM THE COMMPLIANCE GROUP AND REFRAIN FROM PURSUING A RISK MANAGEMENT APPROACH TO COMPLIANCE.  THE COMMPLIANCE GROUP’S COMPLIANCE RISK MANAGEMENT SOLUTION IS A RESPONSE TO MARKET DEMAND FOR A COST-EFFECTIVE METHOD TO ENSURE COMPLIANCE IN HIGHEST RISK/EXPOSURE JURISDICTIONS WHILE MANAGING RISK AND PUSHING COMPLIANCE COSTS INTO THE FUTURE IN LOWER RISK/EXPOSURE JURISDICTIONS.  OUR COMPLIANCE RISK MANAGEMENT SOLUTION DOES NOT, HOWEVER, PROTECT YOUR COMPANY FROM ALL RISK/EXPOSURE AND, AS SET FORTH IN THE TERMS & CONDITIONS OF SERVICE, THE COMMPLIANCE GROUP DISCLAIMS ANY AND ALL LIABILITY ASSOCIATED WITH YOUR COMPANY’S UTILIZATION OF OUR COMPLIANCE RISK MANAGEMENT SOLUTION TO MONITOR AND MANAGE RISK EXPOSURE WHILE DELAYING THE IMPLEMENTATION OF FULL COMPLIANCE IN IMPACTED JURISDICTIONS.  CUSTOMERS OF THE COMMPLIANCE GROUP’S COMPLIANCE RISK MANAGEMENT SOLUTION EXPRESSLY ASSUME ALL RISKS ASSOCIATED THEREWITH.