Well, true, as always, IANAL, YMMV, etc. I know I won't meet the threshold because sales could double and I still wouldn't hit that much. Perhaps a safe margin would be until you do... $4k/month in VoIP service, to not worry about filing.
That is the site that I gleaned my information from. ---------- Mike Hammett Intelligent Computing Solutions http://www.ics-il.com -------------------------------------------------- From: "Ron Harden" <[EMAIL PROTECTED]> Sent: Tuesday, September 30, 2008 5:35 PM To: "'WISPA General List'" <wireless@wispa.org> Subject: Re: [WISPA] Taxes > Mike: USF penalties are pretty stiff and the FCC has gotten aggressive on > it, so be careful on that one. I don't agree with what you said -- we > believe that by law you still have to file (you won't know until the end > of > the year whether your fees collected exceed the de minimis amount). Check > the attached website, if you have not done so already. BTW -- Brighthouse > in FL charges 8.9% for retail USF, which is also what we charge. The rate > depends on your traffic mix, or whether you use the default rate. At that > rate, if my math is correct, that indicates that $112K in annual revenue > would be required to meet the $10K threshold, or about $9.3K per month, or > about 400 lines of service. > > > > Ron > > > > > > > > > > > > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > Behalf Of Mike Hammett > Sent: Tuesday, September 30, 2008 6:06 PM > To: WISPA General List > Subject: Re: [WISPA] Taxes > > > > I would like to state that the State of Illinois has informed me that > > wireless Internet service is not taxable... well as a sale. Income tax > is > > income tax, regardless of what it is. > > > > VoIP is subject to the Telecommunications Excise tax, which varies > depending > > > on municipality or county if unincorporated. The rate varies from state > > minimum of 7% to the state maximum of 13%, which the locality's own > > regulations being the difference. Now to get that setup in QuickBooks is > > another story... > > > > The USF states that unless you're going to make contributions to the USF > of > > $10k or less per year, you don't even need to file. It varies each > quarter, > > > but that means roughly $77k in annual sales. > > > > I have not been made aware of any other taxes. > > > > > > ---------- > > Mike Hammett > > Intelligent Computing Solutions > > http://www.ics-il.com > > > > > > > > -------------------------------------------------- > > From: "Mike Hammett" <[EMAIL PROTECTED]> > > Sent: Tuesday, September 30, 2008 9:49 AM > > To: "WISPA List" <wireless@wispa.org> > > Subject: [WISPA] Taxes > > > >> Are wireless Internet or VoIP services taxable? > >> > >> > >> ---------- > >> Mike Hammett > >> Intelligent Computing Solutions > >> http://www.ics-il.com > >> > >> > >> > >> > ---------------------------------------------------------------------------- > ---- > >> WISPA Wants You! Join today! > >> http://signup.wispa.org/ > >> > ---------------------------------------------------------------------------- > ---- > >> > >> WISPA Wireless List: wireless@wispa.org > >> > >> Subscribe/Unsubscribe: > >> http://lists.wispa.org/mailman/listinfo/wireless > >> > >> Archives: http://lists.wispa.org/pipermail/wireless/ > >> > > > > > > ---------------------------------------------------------------------------- > ---- > > WISPA Wants You! Join today! > > http://signup.wispa.org/ > > ---------------------------------------------------------------------------- > ---- > > > > WISPA Wireless List: wireless@wispa.org > > > > Subscribe/Unsubscribe: > > http://lists.wispa.org/mailman/listinfo/wireless > > > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
