Tax Fraud Analytics

Detecting tax fraud is a top priority of federal, state and local authorities, but is

there a cost-effective strategy to combat this widespread problem?

According to the IRS, tax fraud threatens the integrity of our entire tax system
Such scams also increase the burden on legitimate taxpayers
But how do you translate such massive amounts of data into actionable intelligence?

Visualize an Array of Tax Information Analytics

Consolidated Balance Sheet: Comprehensive overview of taxpayer account, territory and liability
Debt Analysis: In-depth analysis of debts including account, taxpayer properties, fiscal type, debt age, territory, transaction type and more
Tax Fraud: Detects tax fraud and evasion, money laundering; offers risk analysis

A robust big data system that allows real-time analysis of taxpayer behavior

CAP*M Tax Fraud Analytics monitors overall taxpayer actions by analyzing tax-related activities including tax returns and related payments for all tax types, delayed or defaulted payments, under-payments and the analysis and alerting of increased and decreased revenue for various tax types.

CAP*M Tax Fraud Analytics application provides tools for tax debt control, risk analysis and taxpayer profiling to help prevent tax fraud and improve tax collection.

Additionally, our CAP*M Hyperscale Analytics Platform, working in tandem with the CAP*M Tax Fraud Analytics accelerates movement of this high volume of data, with near real-time analytics, at a lower cost than outdated legacy systems.

Overall, our CAP*M Tax Fraud Analytics provides analysis, inspection, insight, identification of behavioral patterns, and business and taxation trends—enabling you to discern patterns and links between entities, so you can:

Enhance taxpayer compliance
Improve statistical reporting and analysis
Create preconditions for improved control and measurement of tax revenue
Combat and reduce non-recording of trade
Address tax avoidance, fraud and evasion
Increase tax revenues
Suppress unfair competition and support reduction of the gray (untaxed) economy

CAP*M Tax Fraud Analytics can also support long-term objectives, including:

Achieving equal taxpayer treatment
Focusing the audit burden on non-compliant taxpayers
Optimal use of the available human, financial and technical resources
Increasing voluntary taxpayer compliance
Adjusting available resources to the level of risk
Weighting risks of compliant taxpayers becoming noncompliant and more