Unleashing the Power of Full Compliance: Maximizing Tax Collection in Local Government
Discover the Transformative Approach that is Revolutionizing Tax Administration for Municipalities of All Sizes.
Introducing Avenu’s Compliance Lifecycle Video.
Tax collection and administration is a complex problem for local officials. The constantly evolving tax laws and a rapidly changing taxpayer environment contribute to the complexity, and the lack of sufficient human resources and technology capabilities can make these issues even more difficult to address.
This is not just a problem for large municipalities; smaller cities and towns, where key roles may be filled by part-time staff, also face these same hurdles.
In response, innovative software solutions continue to evolve to help support municipalities and alleviate some of the burdens associated with tax collection and administration.
Avenu’s compliance lifecycle approach provides municipalities with the tools and services they need to manage this important aspect of local governance.
Key stages include:
Monitoring and Identification: This first step involves identifying known taxpayers and tracking businesses that fail to self-report.
Administration & Support: At this stage, qualified staff provide crucial back-office support, enabling municipalities to focus more on providing front-facing services.
Audit & Discovery: This crucial phase identifies under-reporting and errors. The approach is business-friendly, with a focus on guiding taxpayers toward compliance.
Recovery: After discovery, trained staff work to recover due revenues for the jurisdiction.
Reporting and Analytics: The final step provides comprehensive reports and analytics, giving officials insights that can inform policy and drive growth.
The benefits of implementing this comprehensive approach to tax administration are manifold. Ensuring all businesses properly collect and remit taxes allow local governments to offer additional services or even reduce tax rates.
By effectively managing and maximizing tax revenues, local governments are better positioned to fulfill their fundamental mandate of serving their citizens effectively. These solutions not only streamline the tax administration process, but they also enhance the collection and remittance of tax revenue, promoting healthier local economies and more efficient public services.