Each year, the District of Columbia loses tens of millions of dollars in potential revenue because many individuals and businesses fail to file and pay District taxes.  The District’s Office of Tax and Revenue (OTR) has engaged Revenue Discovery Systems to help close this “tax gap.”

 

PRA Government Services, LLC, d/b/a RDS has an established Revenue Discovery and Recovery process designed to identify, assess, and collect revenues due from businesses that may be operating within a jurisdiction without proper licensing and/or without paying appropriate taxes. Since 2003, this process has resulted in the recovery of more than $30 million in previously undiscovered revenues for the company’s municipal and county government clients.

 

RDS uses data mining techniques to compare lists of known taxpayers received from the DC Office of Tax and Revenue with one another and with data from other relevant databases obtained by RDS to identify taxpayers that may have outstanding tax liabilities. RDS will notify both the DC Office of Tax and Revenue and the individual taxpayers of these potential liabilities. RDS will provide assistance to such taxpayers in filing the appropriate returns and will follow-up with each such taxpayer as needed until the appropriate return is filed and all taxes due are paid in full.

 

If you have received a notice of a potential tax liability from RDS and have questions or require assistance in filing the appropriate tax return, call the RDS toll-free number dedicated to DC taxpayers: (866) 779-2966.

 

PRA Government Services, LLC, d/b/a RDS is a wholly owned subsidiary of Portfolio Recovery Associates (PRA). PRA is a full-service provider of outsourced receivables management and related services, headquartered in Norfolk, Virginia. PRA began operations in 1996 and has been a public company, traded on the NASDAQ as PRAA, since 2002. PRA and its subsidiaries employ more than 1,700 people in offices from coast to coast. PRA's Annual Report and other SEC filings are available at portfoliorecovery.com.