Are You Owed a Phone Excise Tax Refund?

The Internal Revenue Service (IRS) announced recently that it plans to stop collecting the Federal Excise Tax (FET) on long-distance telephone, bundled service plans and most cellular phone services effective August 2006. The FET rate was 3% of the charges billed for these services. Decisions in 5 federal appeals courts upheld that the FET does not apply to these services.
Therefore, both individuals and companies will be eligible to file a refund on FET charges billed and/or paid from March 2003 through July 2006. The IRS estimates the claims and refunds could exceed $15 billion. The IRS will also pay interest on these refunds. Individuals and companies will claim these refunds on their 2006 Federal Income Tax returns filed in 2007.
Technology Change Management has a variety of resources and services available to make your phone tax refund process as painless as possible. Learn more about:

Every individual and company that uses a phone (land line, fax, cell, digital, etc.) is eligible to receive their portion of this $15 billion refund! Contact us to find out if you qualify. Technology Change Management is here to serve you and help you get the phone tax refund you deserve!
For further reading, visit the following references: