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SAS® for Government Tax and Revenue
By its own estimates, the IRS collects only about 83 to 86 percent of the tax revenue it is owed. The picture is much the same at the state level. Across all levels of government, the "tax gap" represents billions of dollars of uncollected revenue that could support vital public services and help reduce budget deficits.
At municipal, state or federal levels, stronger audit and collection capabilities are essential for closing the tax gap. Analytics can bring dramatic improvements by better identifying where to focus resources and how to take the appropriate action to produce desired results.
You can greatly improve results and increase productivity by applying advanced analytics to your audit and collections processes.
- SAS® for Government Tax Audits uses sophisticated modeling and self-learning techniques to identify tax returns with a high likelihood of under-reporting and a high magnitude of potential collections. In preliminary audit tests, SAS analytics with scoring improved audit success by as much as 20 to 50 percent, compared to legacy, rules-based approaches.
- SAS® for Government Tax Collections uses multi-stage scoring to identify and prioritize cases in which additional taxes are due, and provides a road map that shows which collections tactics will be most effective for each case.
How is SAS® different?
Only SAS:
- Integrates internal and external data to create an analysis-ready data repository and agencywide intelligence.
- Delivers a combination of analytically derived scores that pinpoint and prioritize exactly where audit and collections efforts will be most productive.
- Uses analytic scoring to optimize the collections process as well – prioritizing returns for initial actions and then rescoring them as events change.
- Develops and maintains all elements of the solution and the foundation platform, so customers do not have to worry about the integration issues common with proprietary niche solutions.
SAS solutions for tax and revenue are founded on the SAS Business Analytics Framework, which provides:
- Data integration to enable seamless information-sharing among disparate systems.
- Advanced analytics to create forward-looking insights that optimize resources and results.
- Reporting for non-technical users to surface and use information from trusted, agencywide data.
- Business solutions unique to the market, such as SAS solutions for tax audits and collections.
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