North Asset Managment, Cellution Inc. Saves Corporations Millions in Federal Excise Tax Refunds

Rochester, NY (PRWEB) October 7, 2006 -- Cellution announces the latest addition to its wireless management suite of software services, able to claim Federal Excise Tax dollars previously charged by the IRS.

It’s Mine, part of the BillSMART management suite, identifies Federal Excise Taxes corporate users have been charged for long distance. Based on IRS standards, users are able to claim back taxes as far back as February, 2003. This means a refund of hundreds of thousands of dollars for many companies.

About the Federal Excise Tax:
o Corporations and individuals will be able to collect a refund of all Federal Excise Taxes on long distance phone calls billed to them since Feb. 28, 2003.
o The IRS and the U.S. Department of the Treasury will pay interest on the refunds. Taxpayers will be able to claim the refund on their 2006 tax returns.

Cellution Inc. partners with organizations in identifying the Federal Excise Tax refund amount based on the historical wireless billing information supplied by the wireless carrier. Cellution with then facilitate the process of properly completing the extensive paperwork involved to justify the requested refund amount. These organizations will then, with ease, be able to submit this information with their 2006 Tax filings.

About Cellution Inc.
Founded in 2001 as Total Wireless Now, Cellution Inc. is headquartered in the Medical Arts Building in Downtown Rochester, NY. Featured in various trade journals and newspapers for its industry expertise, flexibility, knowledge and dedication to delivering client results Cellution tackles the difficult tasks many businesses face today: erroneous cellular bills, increasing wireless budgets, billing complexity, etc. Cellution partners with organizations to provide complete wireless management solutions. From billing and contract negotiation to procurement and personalized reports, the wireless watchdogs at Cellution advocates for their clients, regardless of their carrier. For more information on this dynamic and growing company, visit [url]www.1cellution.com[/url].