The April 1st deadline for filing the FCC Form 499-A is fast approaching.
Are you prepared? Do you have confidence in your ability to accurately report revenue? Are you concerned about OVER-reporting assessable revenue and paying TOO MUCH in contributions? TOO LITTLE?
Ask yourself this simple question:
Are you doing everything you can to “optimize” your revenue reporting to BOTH comply with FCC rules and USAC policies AND minimize the exposure of revenue to government fees?
If you have any concerns at all, now is the time to seek peace of mind from the experts at The CommLaw Group. Now is the time to take a look under the hood and determine if a tune up is either necessary –to correct deficiencies– or warranted –to optimize and improve your company’s revenue reporting policies.
For a limited time, expert attorneys from The CommLaw Group’s USAC Compliance, Audit Preparation and Defense practice group are offering clients the opportunity to conduct a USAC Revenue Reporting Optimization Review for the low, fixed fee rate of $5,000, including delivery of our USAC Revenue Reporting Optimization Issue Spotting Report (see details below).
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DETAILS OF LIMITED OFFER |
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PROJECT: USAC Revenue Reporting Optimization Review |
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DELIVERABLE: USAC Revenue Reporting Optimization Issue Spotting Report |
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SCOPE OF WORK: Information Collection, Review and Issue Spotting
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FEES: $5,000 Flat Fee (50% due upfront / balance due upon delivery of Report) |
Following the delivery of our USAC Revenue Reporting Optimization Issue Spotting Report, Client may solicit further assistance from The CommLaw Group to fine tune the issue spotting and drill down into any specific issue Client wishes to address more granularly prior to implementing changes to revenue reporting practices.
Why is it more important than ever to make certain your company is reporting revenue accurately?
Why is it equally important to ensure your company isn’t over-reporting revenue or otherwise missing out on opportunities to reduce the exposure of revenue to government regulatory fees?
On the one side of the equation are USAC and the FCC’s Enforcement Bureau. As we previously advised, the FCC created a USF Enforcement Strike Force, whose sole mission is to enforce stricter compliance with the rules. The Bureau also recently announced a new forfeiture policy that will result in treble damages for any company found to be in violation of Commission regulations governing the USF and other fee programs.
On the other side is your company’s competitive positioning in the hyper-competitive world of telecommunications, VoIP and enhanced communications services. Lean too conservatively and your company risks becoming non-competitive; take too many liberties and your company will be exposed to serious, potentially crippling sanctions.
Our firm has been through every step of the process. We speak from experience when we say that USAC will exhaustively evaluate your company’s compliance with a myriad of accounting, jurisdictionalization and revenue reporting “rules” – from FCC regulations, to Form 499 instructions, to USAC policies. These “rules” are constantly changing, making it difficult, if not impossible, for a company to stay informed, let alone, to comply with applicable requirements.
USAC leaves no stone unturned, which can make even managing the process a nightmare without the assistance of experienced counsel.
It’s never too early evaluate your company’s compliance profile, but if you wait too long, it could be too late to make improvements before the April 1, 2015 filing deadline.
If you are concerned about your company’s FCC Form 499 / USF compliance profile, contact The CommLaw Group today and ask about our Limited Offer.
Please contact Jonathan S. Marashlian at jsm@commlawgroup.com or by phone: 703-714-1313.
