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With the recent change in the economy, every level of government is facing new tax collection pressure. Surpluses evaporate into deficits. Based on its extreme percentage of total government revenues, payroll tax collection increases in importance but faces long-standing collection issues. As the economy is problematic, revenue collection and bankruptcies increase and government tax collectors become “first-in-line” for potential satisfaction SOMETIME IN THE FUTURE. Unfortunately, government provides and pays for services in the present. A $50 BILLION COLLECTION PROBLEM! Our Payroll Trust Collection System makes deposits of ALL withholding tax funds timely, dependable, and less burdensome. Our system alleviates the ONE potential bottleneck for collection – the deposit. In our system, the funds are simply removed from the control of the employer (a necessary part of payroll withholding at its inception in 1943), and collected immediately when the employee is paid. We have developed animated depiction for the current collection process and for the PTCS. (TO VIEW DEMONSTRATION, CLICK THE BUTTONS BELOW)
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