Discover how the insurer decreased its B notices and penalty notices by more than a third, and freed employees to work on other initiatives thanks to Sovos Tax Information Reporting.
1099 Updates: April 1- April 15
Regulatory and legislative updates to 1099 form requirements that took place in recent weeks. Individual st...
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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
1099-R reporting in Pennsylvania is about to get easier, but even a positive change means that financial institutions will need to adjust processes.
State of Change: New York Shifts 1099-R Reconciliation from Annual to Quarterly Basis
New York's move to require quarterly rather than annual reconciliation of 1099-R info could have big repercussions for tax and accounting pros. Here's why.
Sovos Intelligent Reporting Summit: Look for W-8 Red Flags and Avoid 1042-S Penalties
Spotting these potential problems with W-8 forms can help companies avoid financial penalties related to form 1042-S. Learn from an expert what to look for.
Sovos Success Story: Midsize Energy Company
In 2015, a midsize energy company converted to a new ERP system with the knowledge that there might be a need for external assistance with tax information reporting. Learn how Sovos filled the gap.
IRS Guidance on Abandoned Money Demonstrates Complexity of 1099 Reporting
One of the reasons 1099 reporting can be so confusing is that gaps in policy exist until they don't. Read about one recent example of an IRS policy change on abandoned money that could cause concern.
[Datasheet] It’s Time to Prepare Your SAP Solutions for the Digital Future of Tax
Technology has transformed your business and your products, and it’s about to change your ERP. But, it’s also transforming tax, and it could have a significant impact on your S/4HANA plans. Read more.
Sovos Opens SAP S/4HANA Cloud Early Adopter Program, Announces Support for S/4HANA
Sovos Builds on 20 Years of Support of SAP R/3 & ECC with a Plan to Modernize Tax Compliance in S/4HANA
[Datasheet] Sovos S1: Delivering Modern Tax Software
The Sovos Intelligent Compliance Cloud sits on a unique cloud software platform that is built to bring previously disparate tax solutions and data together for use wherever your business operates.
Sovos Unveils S1 Cloud Platform to Prepare Businesses for Digital Tax Enforcement Globally
Unique software architecture, development framework and cloud infrastructure enables tax compliance in key business processes, connects with governments
Public Anger and GDPR: Why Too Much Data Sharing Could Have Negative Consequences