The deadline for filing FCC Form 499-Q with the Universal Service Administrative Company (“USAC”) for the Fourth Quarter of 2008 is February 2, 2009. All providers of telecommunications services and interconnected VoIP services are required to complete Form 499-Q and report actual revenue data for the Fourth Quarter of 2008 (October 1st – December 31st) and projected revenue for the Second Quarter of 2009 (April 1st– June 30th).
Form 499-Q forms and instructions can be found on USAC’s website at:
https://www.universalservice.org/fund%2Dadministration/forms/
All clients currently subscribed to the firm’s Compliance & Reporting Service (“C&R Service”) have been, or will be, contacted by their Regulatory Consultant. Clients who are not currently subscribed to the firm’s C&R Service, but who require the firm’s assistance in preparing and filing the Form 499, should remit quarterly revenue data directly to Jonathan S. Marashlian at jsm@commlawgroup.com at your earliest convenience to ensure timely filing. If you have already sent us your revenue information, you may disregard this notice.
FCC Form 499-Q Late Filing Policy
Form 499s received after the due date will be subject to a late filing fee. The FCC rules promote strict adherence to filing deadlines. No exceptions are made for late-filed reports. The failure to timely file and accurately report revenue in Form 499-Q is a serious violation of FCC rules and could lead to the initiation of a USAC audit, formal FCC investigation, or both. Examples of recent FCC actions in the area of USF enforcement can be found here: https://www.fcc.gov/eb/usfc/
If you would like our firm to assist you in the preparation and filing of your 499-Q to ensure compliance with FCC regulations, accuracy, and timeliness, please provide us with detailed revenue data and other requested information no later than January 19, 2009.
If you have any questions and would like to consult with an attorney or regulatory advisor, please email us your questions, or you may request a telephone conference to verbally discuss.
