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Edited by
Chad Duval, Sr. Manager
Moss Adams Stockton
209.955.6124
Moss Adams LLP
You can reach our telecom professionals at these Moss Adams locations:
Spokane
601 W. Riverside Ave.
Spokane, WA 99201
(800) 888-4065
Rick Betts, Partner
Clay Sturgis, Partner
Stockton
3121 W. March Lane
Stockton, CA 95219-2303
(209) 955-6100
Roger Barker, Partner
Bruce Nakamura, Partner
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FCC Awards Bids for Audits of Universal Service Funding
On July 31, 2006 USAC awarded bids for audits of the Universal Service Fund to several CPA firms. This award covers approximately 60 audits of Federal High Cost Funding. This is
significantly fewer audits than the FCC planned to perform when it initially announced its plans in early 2005. It is our understanding that both ILEC Eligible Telecommunications Carriers ("ETCs") and Competitive ETCs will be eligible for
audit. These audits are expected to kick off this fall and will be completed over the next 12 months.
For rural ILECs, Federal High Cost Funding includes the following support mechanisms: High Cost Loop Support, Local Switching Support, Interstate Common Line Support, Safety Net Additive Support, and Safety Valve Support. In addition,
Federal High Cost Funding includes High Cost Model Support and Interstate Access Support for non-rural carriers.
Contact:
Chad Duval Stockton Office 209.955.6124
Missoula Plan for Intercarrier Compensation Reform Released
On July 25, 2006 the FCC released a Public Notice seeking comment on the Missoula Plan for intercarrier compensation reform filed by the National Association of Regulatory Utility
Commissioners ("NARUC") Task Force on Intercarrier Compensation ("NTFIC"). Comments on the Missoula Plan are due to the FCC by September 25, 2006 and Reply Comments are due by November 9, 2006.
Click here to review Moss Adams' summary of the Missoula Plan.
Contact:
Chad Duval Stockton Office 209.955.6124
Federal Excise Tax Reminder
Pursuant to IRS Notice 2006-50, effective August 1, 2006, the federal excise tax only applies to local-only service and no longer applies to nontaxable service. Nontaxable service is
defined as bundled service and long distance service. Collectors (telephone companies) or taxpayers may request a refund of excise tax payments for nontaxable service from February 28, 2003 through July 31, 2006.
Click here for Moss Adams' responses to frequently asked Federal Excise Tax questions from clients.
Contact:
Lorrie Bernstein Stockton Office 209.955.6103
Cheri Burnham Spokane Office 509.777.0122
Industry News
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Remember to
check your Red Light status frequently. Companies on the Red Light list are not eligible for payments from the federal government, including federal USF.
Industry Calendar
August 31
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ETC Lifeline Certification is due to USAC
September 1
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FCC Form 477, Local Telephone Competition and Broadband Reporting Form is due to the FCC
Contact:
Lorrie Bernstein Stockton Office 209.955.6103
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