This Tax Day, Give Americans The Tax Return They Deserve
This Tax Day, Give Americans The Tax Return They Deserve
Silvina Moschini
April 15, 2019

Overbilling Protection Would Save Taxpayers Hundreds of Million of Dollars

Today is Tax Day and Americans across the country are scrambling to file their taxes and eagerly anticipating their returns. But what they are not aware of is that the hard-earned money they are using to pay those taxes is being stolen right from the government. It is happening in every state in the country and at the federal level as well.

The top ten government contractors have been fined a combined $7 billion for stealing taxpayers’ money through fraud. One company was even able to steal $500 million from the city of New York on a single municipal project.

The worst part? It is completely preventable.

Advances in technology have created the tools state agencies and the federal government need to prevent overbilling. In fact, with the right policies in place, government agencies can have the critical tools that give them the ability to verify a contractors’ computer-based work at no cost to taxpayers.

Giving government agencies the tools to protect taxpayers’ money and save hundreds of millions of dollars now lost to fraud free of charge sounds like a pretty good deal, doesn’t it?

It certainly does to legislators in 30 states across the country, who have introduced legislation which would give state agencies the ability verity contractors computer-based work. These are simple pieces of legislation that merely automate an already mandated manual process that, because states rely on “self-certification”, cannot prevent overbilling.

Of course, those that practice overbilling will do everything they can to make sure these bills do not pass because it will turn the faucet off on a significant — albeit illegal — revenue stream.

Taxpayers deserve better. They deserve to have their hard-earned money protected and used to improve government programs they are critical to all Americans.

At TransparentBusiness, we will do everything we can to make sure all government agencies have the necessary tools to protect taxpayers’ money. It is nothing short of the right thing to do.

Passing these bills would demonstrate to all Americans that governments are determined to protect their money from being stolen by fraudulent contractors.

This Tax Day, Americans should expect nothing less.

Post By
Silvina Moschini
Recent posts
The Future of Work is Now: Talent Trends that will Transform your Organization
May 20, 2019
Leveraging AI for Social Impact
May 17, 2019
Flexible and Digitally Powered Work Models: the Real Gift for Mothers on Mother's Day
May 10, 2019
Taxpayers Want Transparency with Government Contractors
Apr 25, 2019
Protect Taxpayers from post-Tax Day Scams – But What About the Scam Happening to Them Every day?
Apr 23, 2019
Silvina Moschini Honoree at the City and State Above and Beyond Gala
Apr 4, 2019
Walk Your Talk and Get The Facts About #EqualPayDay
Apr, 2019
Technology for Transparency: the New Standard for Eliminating Overbilling Fraud in Professional Service Contracts
Nov, 2018
Transparencia, trabajo flexible y remoto: Las nuevas claves para atraer y retener a mujeres talentosas en el mercado laboral
Oct, 2018
Labor Inclusion the Fundamental Imperative to Building an Inclusive, Equal, and Thriving Economy
Oct, 2018
Silvina Moschini presents Panel Innovation Digital
Apr, 2018
Transparency and Inclusion, the driving concepts of Americas CEOs Summit in Peru
Apr, 2018
Sales Channel Director SheWorks! & TransparentBusiness
Jan, 2018
Roel Hoekstra Joins TransparentBusiness as Senior Vice President
December, 2017
TransparentBusiness and Yandiki connect Businesses with Millennials
June, 2015
Companies Today are Making Full Use of Outsourcing
Mar, 2015
Is Miami the next innovation capital?
Sep, 2013
San Francisco supervisor wants family-friendly workplace scheduling for employees
Aug, 2013
Jun, 2013
Telecommuting: Is it effective?
Aug, 2013
Does The IRS' New Safe Harbor Rules Help Or Hurt Remote Workers?
Aug, 2013
Growing and competing from the clouds
Aug, 2012