Pittsburgh, PA (PRWEB) February 03, 2014
Across the State of Pennsylvania, cities designated as financially distressed according to State Act 47 face daunting budget demands and the pressure to do more with less. For distressed communities, e-Collect+ offers an effective alternative to raising tax rates. As a municipal auditing and tax collection service, e-Collect+ retrieves uncollected tax dollars that enable local governments to continue moving toward a place of financial security.
Set apart by a remarkable track record of collections, e-Collect+’s success rate of year-over-year budget revenue increase ranges upwards of 25-112%. By systematically analyzing records received from previous collectors, e-Collect+ ascertains sources of missed revenue in business privilege tax, local service tax, and delinquent earned income tax. In less than one year in the City of Chester, e-Collect+ identified and collected $1 million of delinquent taxes.
Distinct from any other collecting agencies, e-Collect+ deposits collected funds directly to municipality accounts. e-Collect+ eliminates third party accounts, allowing money to be put back in play right away. Working with e-Collect+, city leaders pay no up-front charges and gain immediate access to increased revenues that contribute to stabilizing a city’s finances.
Keeping tax revenue consistent and rebuilding tax collection rolls remain imperative to overturning the distressed status of cities in Pennsylvania. Yet, the number of collectors statewide has declined while reporting requirements continue to increase. As challenges mount, e-Collect+ staff locate faulty reports and ensure the keeping of accurate records.
eCollect+ partners with turnKey Taxes, an online application that functions as a bank statement for government finances. Together, these companies wield analytics and field audits in conjunction with a legal team to recoup taxes that other firms have overlooked and neglected. The fee for service is a minimal percentage of total collected funds, billed after the municipality has been credited.
Recovered tax monies enable local governments of any size, large or small, to better fulfill expectations from taxpayers for services that raise a community’s standard of living. e-Collect+ and turnKey Taxes are restoring municipality resources, revitalizing socio-economic systems, and creating more livable communities across Pennsylvania. e-Collect+ challenges cities to consider: How would you spend a 50% increase in tax revenue?