Discover how a major maker of medical devices cut the time it took to deal with 1099 forms from a week to less than a day.
New Tax Law Sneaks in Change in Backup Withholding Rate
The recently passed tax law changed the backup withholding rate for payments reported on 1099 forms, but th...
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Success Story: Donegal Insurance Group
Faced with increasing 1099 form volume due to growth, Donegal Insurance Group turned to TIN matching capabilities in the Sovos Tax Information Reporting solution to save time and ensure accuracy.
When "Good Faith" Isn’t Good Enough to Avoid State Reporting Penalties
States aren't joking about tax reporting compliance. As one recent case demonstrates, state tax authorities are less accepting of the "good faith" defense than they might have been in the past.
7 Regulatory Changes to Be Aware of before Tax Reporting Season Arrives
The year 2018 was one of rapid and significant change for 1099 reporting and in other areas. Get caught up here on everything that's coming for TY2018.
Lack of Clarity in Cryptocurrency Regulations Hasn’t Stopped IRS Enforcement
IRS regulations for cryptocurrency 1099 reporting remain unclear, but the agency is cracking down on crypto platforms, anyway. And change is coming.
By the Numbers: State Tax Information Reporting
In this comprehensive report with exclusive numbers and analysis, explore the changing environment for state 1099 reporting and understand the impact of changes to come from state tax administrations.
By the Numbers: 1099-MISC Nonemployee Compensation Reporting
In this number-filled report, discover graphics with exclusive data from Sovos on 1099-MISC nonemployee compensation reporting and understand where the future of the form lies.
Webinar: The State of State Reporting: Updates and Best Practices to Comply with Direct State Requirements
With 50 states that have different regulations, thresholds, and deadlines, state reporting can quickly become a large burden for any organization. This year, make sure you're prepared.
Webinar: Don't Get Spooked This Tax Season: Prepare for This Year's Top Regulatory Changes
Watch on demand as Sovos experts walk through the top regulatory changes that your organization should be prepared for and how to deal with them.
[Infographic] 4 Factors Driving Insurers to Automate and Centralize 1099 Reporting
In the wake of changing demographics and tightening deadlines, insurers are adopting automated 1099 reporting solutions centralizing operations. Here's why. The...
2018 Intelligent Reporting Summit Q&A: The Movement to Quantify IT Risk
A new effort seeks to help IT and risk experts speak a common language, coming together to quantify the risk involved in a potential data breach.
Infographic: Five Factors Driving Financial Institutions toward a Centralized Tax Solution
Financial institutions are moving toward a centralized tax solution, but why? There are five major drivers. Learn what they are and discover the advantages of a centralized solution.
Sovos Case Study: Centre for Neuro Skills
A clinic that treats traumatic brain injuries got rid of a manual filing method and streamlined its 1099 reporting with an automated solution, reducing risk and increasing efficiency in the process.
Accounts Payable: How to Avoid 1099 Reporting Penalties for One-Time Vendor Payments
For AP pros, managing 1099 reporting can be a struggle. That's especially true when certain vendors won't cooperate. Find out how to avoid IRS penalties.
Tales from the Crypto: Why Tax Reporting for Cryptocurrencies Is So Scary
As cryptocurrencies grow in popularity, the IRS is seeking to mine them for revenue--and enforce tax information reporting. That can get complicated for both exchanges and investors. Here's why.
Expert Q&A: Why Congress Dropped the Ball on Tax Reporting in the Sharing Economy
In this insightful Q&A, tax information reporting expert and American University professor Caroline Bruckner examines how Congress got tax reporting for the sharing economy wrong and why that matters.
Intelligent Reporting Summit: EY Expert Explains Why New Regulations are Causing Trouble
Deborah Pflieger of EY tracks trends in tax information reporting. She spoke with Sovos about 1099 reporting trends that are causing problems now.
Webinar: 5 Tips for Tax-Compliant Payables
Get an overview of US tax laws for global supplier payments, cover steps to avoid legal and financial penalties, and review the basics of end-of-year 1099/1042-S tax information.
Intelligent Reporting Summit: PwC Expert Explains Why the 1099-K Is Such a Mess
Form 1099-K is the subject of both complexity and controversy. Discover a PwC expert's take on why the form is so difficult and where it's headed.
2018 Intelligent Reporting Summit Q&A: The Person Companies Pay to Hack their Networks
Data security is obviously important. So, why do so many companies still get it wrong? Learn more in this Q&A from an Intelligent Reporting Summit speaker.
Pennsylvania Fixes Long-Time Reporting Problem with New 1099 Regulations