Budget PrePay Trusts Salis Returns Services to Manage 14,000 Annual Tax Returns Going to More Than 1,600 Jurisdictions in 46 States.Salis Helps Budget PrePay pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. Reduce Time and Costs Associated with
Transactional Tax Compliance
ROSWELL, Ga. -- Salis, Inc. (http://www.salisinc.com/), an outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. provider of transactional tax compliance services, announced today that Budget PrePay, a provider of prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay ment n. telecommunications
services In telecommunication, the term telecommunications service has the following meanings:1. Any service provided by a telecommunication provider. 2. , has extended its contract with Salis through 2007. During the past two and a half years, while working with Salis, Budget PrePay has seen a 60 percent increase in the number of sales, use and telecom tax returns filed - managing 14,000 annual returns in more than 1,600 jurisdictions across 46 states. Despite this dramatic increase, as a result of working with Salis, worries of backlogs of notices, exposure to penalties and interest due to late filings or payments and the potential for inaccuracies and other errors has been virtually eliminated. "Teaming up with Salis for transactional tax compliance was a very smart move for us," said Molly Vance, Budget PrePay controller. "Since we started outsourcing our returns to Salis, we spend less time chasing notices and calling jurisdictions. In fact, the number of notices we receive has dropped 99 percent since outsourcing this function to Salis." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Vance, Salis has improved tax return accuracy, reduced tax filing costs, and increased the efficiency of Budget PrePay's accounting department. The outsourced solution provided by Salis ensures accurate and timely tax return filings and responses to jurisdictional notices. In addition, the Salis solution provides Budget PrePay with tax compliance information anytime and anywhere. Budget PrePay chose Salis for many reasons - its efficient processes, transactional tax expertise, leading edge technology and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , a solid track record with other companies. Vance said, Budget PrePay saves an estimated 5 hours each week in the time the company previously needed just to follow notices, and its total cost of compliance has been reduced by outsourcing with Salis. "Most jurisdictions offer discounts anywhere from two to five percent for returns that are filed on time. That's money back in our pocket," said Vance. "Today we use that time and money to focus on other initiatives, such as adding two new departments under accounting and developing new products." Budget PrePay can easily view returns and track notices and correspondence to and from each tax jurisdiction online, enabling Vance and other tax compliance personnel at the company to stay in control of the information. About Budget PrePay Founded in 1996, Budget PrePay provides low cost prepaid home phone service to customers who cannot obtain service through their local telephone company and also provides the most competitive and popular prepaid long distance calling cards, wireless phones, wireless recharge re·charge tr.v. re·charged, re·charg·ing, re·charg·es To charge again, especially to reenergize a storage battery. re minutes, debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and bill payment system. The company provides home phone service to more than 130,000 customers throughout 46 states and houses one of the most sophisticated Customer and Agent Care Centers in the nation. Headquartered in Bossier City, Louisiana Bossier City is a city in Bossier Parish, Louisiana, United States. [1] [2] As of the 2000 Census, the city had a total population of 56,461. Bossier City is closely tied to its larger sister city Shreveport, located on the western bank of the Red River. , Budget PrePay is comprised of 125 employees and more than 8,000 agents. About Salis, Inc. Salis is an outsourcing provider of transactional tax compliance services, including returns preparation, filing and remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. , and exemption certificate collection, validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. and management. Before Salis, companies were burdened with sales, use, and other transactional tax requirements - from maintaining the expertise needed for multiple jurisdictions to managing a large volume of certificates, filings, and payments. Salis reduces that burden and cost, while providing greater accuracy, timeliness, completeness and visibility to the information. As a result, tax professionals make better use of their time and gain more control over the tax function. Welcome to effective, efficient transactional tax compliance. Outsourced. In control. To learn more, visit www.salisinc.com. |
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