Meet GSA at Vertex Exchange 2018

Learn from Tax and Technology experts, network with peers and find out what is new with one of the top tax content providers.  You can even get CPE credits and hands on training! To find out more go here

See you in beautiful Hollywood Beach, FL!

Telecom Licensing – An Asset to Your Business

Did you know that Licensing for a telecom is not a Necessary Evil rather it is an asset! FCC and state level Public Utility Commissions are very clear on who and how a carrier must be registered. And most regulating municipalities are no different. All want to know who are performing necessary communications to their constituency.

But, for the well informed and well planned enterprise, this is an opportunity. By planning for and recouping the cost of jurisdictional registration, licensing and reporting a carrier builds its foundation of business on solid grounds. Those that do not act appropriately spend more money than planned defending their inaction (something we will discuss in a future blog). Yes. Licensing is an asset. How do we know? GSA is often brought in to evaluate a company’s performance to compliance during an acquisition. We have seen the value decline by as much as 75% of the market value due to the target acquisition entity failing to comply with regulatory and indirect tax responsibilities. In today’s sophisticated investor pool, due diligence is designed to root out “successor liability” and for telecom companies the deepest pool of liability is in failed performance to regulatory and tax.

At the root of this failure is usually at the onset of business. Simply put, if you are not licensed to do business as a telecom, buyers may not be interested in that revenue and there goes the value of your company. Licensing, (and reporting) are the fastest way to build confidence for any future sale and if you can make a business perform the right way, your licensing asset will be a foundation others will want to buy.

Learn at FISPA LIVE in New Orleans

Meet your industry peers and learn at THE event for Fiber and Broadband Operators. Challenge one another and promote thought leadership in this ever changing and important industry.
Global Strategic Accounting’s President, Joe Solana, will be offering his vast knowledge on Regulatory Affairs Tuesday, February 6 from 1-2:30. He will also be tapped for his knowledge on Cloud Communications with a panel discussion including partner Vertex. This discussion is also Tuesday, February 6 from 3-3:40. See you there! For more informationsee

GSA and Altaworx to Partner for Wireless Solution

For Immediate Release:

Altaworx and Global Strategic Accountants Partner to Offer a Complete Wireless Incubator Solution

Collaboration Creates Opportunity For Those Looking to Enter the Wireless Space

Fairhope, AL–Altaworx is a Diversified Communications company announcing today a formal collaboration with Global Strategic Accountants, LLC, a recognized regulatory and compliance authority in the telecommunications industry.  Together, Altaworx and Global Strategic Accountants (GSA) offer the opportunity for businesses to offer Wireless solutions without having the regulatory and tax burden and expense most carriers endure.

“We’ve seen the barriers regulatory and tax obligations have on entering a market and growing your business.  This new collaboration with GSA will allow us to help clients get their products to market faster with less overhead,” Said Altaworx President Rickie Richie.

As recognized industry leaders, Altaworx and Global Strategic Accountants align their expertise to deliver unmatched end-to-end solutions.  “GSA, the carriers supporting Altaworx and Altaworx themselves see the gap in the marketplace where agents and resellers want to safely grow their brand.  The MVNI™ Incubator program is the best way to get that accomplished and the response has been phenomenal!”, said Matt LaHood, CEO of Global Strategic Accountants, LLC.

For more information regarding Altaworx Communications offerings please visit http://altaworx.com/products/iot-billing-incubator/

About Altaworx

Altaworx is a diverse communications company offering such services as Voice, Wireless, IoT Internet and Data.  Headquartered in Fairhope Alabama Altaworx is a privately held company founded in 2001 and serves companies across the nation.

About Global Strategic Accountants

Global Strategic Accountants, LLC is the leading Telecom Regulatory and Indirect Tax advisory and compliance outsource company.  With over 15 years’ experience in the industry, GSA has performed regulatory reviews for telecommunications providers since its inception and is perhaps the most experienced with understanding guidelines surrounding federal and state regulatory and tax rules.  Combined with our repositories of data on over 24,000 jurisdictions; GSA is unsurpassed in assisting carriers build proper and efficient billing rules in their Business and Operational Support System.

http://www.gsaudits.com

 

 

GSA Sponsors Communications Taxation 2017

Telecommunications tax experts know the importance of staying up to date on the latest telecommunications tax rules and strategies.  Telestrategies’ Communications Taxation Conference, being held in Miami May 15-18, is the event to attend for tax professionals. Opportunities for education, networking and some Miami style fun abound.  For more information visit  https://www.telestrategies.com/TAX/index.htm

See you in Miami!

GSA Reduces Mobile Carrier’s USF Liability  by Over $700,000 per Year!

About GSA

GSA is the leading North American Telecom Regulatory and Indirect Tax Compliance advisory and outsource provider. With over 14 years’ experience in the industry, GSA has performed regulatory reviews for telecommunications providers since its inception and is perhaps the most experienced with understanding guidelines surrounding federal and state regulatory and tax rules. Combined with our repositories of data on over 24,000 jurisdictions; GSA’s professionals bring their expertise to bare on all engagements.

About the Carrier

The mobile carrier had adapted their regulatory regimen from a previous business model and support method for rating tax and calculating regulatory liabilities. The largest of them being federal Universal Service Fund liability. Unfortunately for the carrier, assumptions regarding how their products should be rated were based on antiquated resources.

GSA performed a three level approach to the engagement. First, GSA identified the methods by which the carrier applied tax rating to their transactions. This research gave us details on how efficient and accurate the rating logic applied tax liability to the customers’ transactions.

Next, GSA rebuilt the revenue experience in our Tax Lab. GSA applied their knowledge of the customer’s product and sales goals to their revenue and modeled scenarios which achieved the best tax treatment. In doing so, GSA recognized that revenue recognition for the carrier along with their marketing materials did not reflect the proper offerings to achieve the optimal results. As a result, GSA and the carrier embarked on a full review of their terms and conditions and a re-application of revenue recognition methods to synchronize USF filing reports, profiled by GSA to be optimized.

The End Result

This outcome of the project led to a redesign of the customer’s point of sale (POS) and tax rating engine. Integral to that redesign were GSA’s optimization rules which synchronized the rating with the reporting of liabilities. A byproduct of the redesign was seamless automation of transaction data imported into the General Ledger for Revenue Recognition without manual manipulation. The outcome- our carrier ultimately reduced their USF liability by over $700,000 which was credited within the year of their annual report, creating an ROI of over 400% on the project.

Final Note

If you have manual processes involved in your tax and regulatory reporting, and (or) if you have older resources (advisors and systems); let GSA look at your reporting methods to see if there are ways to improve your bottom line.

GSA, BeQuick To Host MVNO Tax Event

Tax Workshop offered by GSA and BeQuick November 17, 2015.

General Solutions Associates and BeQuick to host a tax workshop November 17 as a pre-show event to the MVNO Summit held November 18th- 19th in Dallas.

Atlanta, GA — Telecommunications regulatory and tax compliance leader, General Solutions Associates, LLC, along with BeQuick, widely recognized as the leading cloud-powered billing and fulfillment software provider for wireless and MVNO carriers, will offer a tax workshop focused on the MVNO.

Topics offered at this seminar include:

  • Choosing the right billing & rating platform
  • Licensing the MVNO at all levels – federal, state & local
  • Choosing the best packages and services offering for your market &
strategy
  • Taxation & regulatory pass – throughs for MVNOs
  • Tax Optimizations & Audit Support
  • Bill presentation
  • Seamless Remittance Strategies

General Solutions Associates (GSA) is a telecommunications industry leader in regulatory requirements consulting, compliance outsourcing and tax processing.  “This workshop will provide strategic and relevant topics to the MVNO industry,” says Samantha Maqueo, VP Regulatory for GSA.

BeQuick is 100% devoted to the future of MVNO enablement. Designed for mobile from the ground up, the BeQuick Cloud BSS/OSS for Mobile is a powerful hosted back office service that enables the management and monetization of the entire subscriber lifecycle.

“We are confident that MVNOs developing or enhancing their business will benefit from this workshop,” says Steve McIntosh, COO of BeQuick.

GSA and BeQuick encourage our workshop participants to take in the solutions and networking benefits of the MVNO Summit.  As a registered attendee to the MVNO Summit and a client of either GSA or BeQuick you will automatically be given a place at the workshop. To register please go to http://usa.mvnoindustrysummit.com/register/

To find out more about BeQuick solutions visit their website at www.bequick.com.  To learn more about how GSA can manage your regulatory and tax obligations visit www.gsaudits.com.