Creating immediate current
revenues for large and
mid-size municipalities.
When taxpayers underreport the value of their business’ personal property, your municipality loses revenue and your tax base deflates. You try to adjust by increasing your mill rate, and in the end your constituents are strapped with a greater tax burden.
Underreporting personal property tax stresses your already stressed budget and erodes the goodwill you try to build in your community. You have fewer dollars to support services and your constituents are upset and angry. Revenue Recovery Services(RRS) offers a solution.
Working with large and mid-size municipalities, we’ve conducted hundreds of personal property tax audits generating additional tax revenue for our clients. For over 20 years, our managing members have worked with a team of municipal specialists who dedicate their time and energy to conducting thorough and accurate personal property tax audits.
Conducting personal property tax audits is time consuming and distracting for most state and local municipalities. And at a time when resources are stretched thin, outsourcing makes more sense than ever.
Our proprietary service delivery model has been designed to efficiently verify your taxpayer’s compliance with all local property tax laws. Our team is trained to communicate with you and your taxpayers in an effective, personable and professional manner.
For more information about Revenue Recovery Services, contact one of the following managing members:
Lawrence Marziale, CPA, ABV — As a CPA for over 25 years, Larry has worked with assessors to help identify unreported income, and worked with city appraisers to identify potential revenue sources due to underreported assets in their grand list. Please contact Larry at lmarziale@kostin.com, or by phone at 860-678-6006.
Joseph Centofanti, CPA, CFE, FCPA, CFF, CGFM — Joe has invested over 20 years in the municipal arena having performed services for over 70 municipal entities. He specializes in conducting audits and providing consulting services for municipal and quasi-municipal entities.
Richard V. Kretz, CPA — Dick has over 25 years of experience with assessor reports and revenue recovery issues.
Revenue Recovery Services, LLC is an affiliate of Kostin, Ruffkess & Company, LLC, 76 Batterson Park Road, Farmington, CT 06032, www.kostin.com.