Project Update
September 28, 2017. Pembroke, MA – Revenue Solutions, Inc. (RSI), a company that specializes in providing revenue and compliance management products and services to federal, state and municipal government revenue, labor and child support agencies, is pleased to announce the successful implementation of Release 2 of the Integrated Tax System at the Missouri Department of Revenue. This major software release, the second of three, consisted of Withholding, all Sales and Use tax types, core compliance, and Taxpayer Portal functionality utilizing RSI’s Revenue Premier® commercial-off-the-shelf (COTS) Integrated Tax System solution.
Missouri has one of the most complex Sales tax in the country, collecting and distributing Sales and Use taxes on behalf of 2,343 distinct taxing jurisdictions – each with their own rates, discounts and tax holidays.
In addition to the tax types, Release 2 integrated Revenue Premier with sixteen Missouri legacy systems, including collections and Enterprise Data Warehouse, and an enhanced imaging and data capture solution.
The release also included implementation of the Revenue Premier Taxpayer Portal. The Taxpayer Portal provides a new level of taxpayer self-service for filing, payment, demographic maintenance, and soon for New Business Registration. This will significantly reduce manual data input for the Department of Revenue while providing a level of transparency and self-service functionality that taxpayers in Missouri did not have before. The portal already has over 16,000 registered users.
In addition to the business and taxpayer service improvements, the Missouri Department of Revenue has realized more than $443 million is benefits associated with the new Integrated Tax System, a return of more than 500% on their project investment.
The third and final release of the Integrated Tax System will consist of Income tax processing (both Corporate and Individual), tax credit management, and more functionality to help the Missouri Department of Revenue better serve their taxpayers.
About Revenue Solutions, Inc.
RSI’s mission, since incorporating in 1996, is to assist government agencies realize their business objectives and achieve significant results from information technology investments. RSI partners with clients on information technology initiatives to improve customer service, increase operational efficiency and maximize compliance. Federal, State and Municipal government agencies rely on RSI’s extensive expertise in business and technical domains. With a dedicated team of full-time business and information systems consultants and a suite of software solutions, RSI is one of the largest organizations of its kind dedicated exclusively to tax, labor and child support agencies.
Revenue Premier®, RSI’s flagship product, provides an integrated, functional and advanced technical solution to support the processing, tax accounting and compliance functions of a revenue agency. Revenue Premier is comprised of four (4) primary modules – Integrated Tax Processor, Collections Manager, Portfolio Warehouse and Audit Manager. Revenue Premier boasts an open technical design and a set of shared services which provide vast flexibility for reusing services, integrating other products and a variety of supporting technical infrastructure options.