Telecommunications is a broad industry. Local service, internet, wireless, cable TV, cellular, broadband ­ the list is almost endless. Each of these product lines has its own complexities relative to accounting and tax issues.

BSGM has dedicated tremendous resources to ensure we can service our clients involved in this industry timely and successfully. Our practice in this area dates almost fifty years back to when our firm was launched and the rural electrification (including telephone service) was in full swing.

Like the electric industry, the telecom industry is important to our firm. Ongoing, in-house training seminars coupled with annual external continuing education ensure our personnel are up to date on the latest developments impacting this industry. We have identified a large number of both partners and supporting staff to focus in this area to enable us to staff our engagements with qualified personnel.

Telecoms have diversified into many other business lines in recent years. This has raised the complexity level related to multiple entities, increased tax situations, and other issues. We identified the need for and created a utility tax and accounting department years ago to address these and other situations.

BSGM, along with several other firms, has created an alliance called Telergee. This alliance was formed to provide outside assistance if complex matters arise requiring additional expertise.

If you desire references or other information about our firm’s involvement in this area, please contact our office.

Industry-Related Links: (will open in a new browser window)

• Rural Utilities Service (www.rurdev.usda.gov/rus)
• National Telephone Cooperative Association (www.ntca.org)
• Federal Communications Commission (www.fcc.gov)
• American Institute of Certified Public Accountants (www.aicpa.org)
• Telergee (www.telergee.com)

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