Financial Institutions

  • Accounts Payable: How to Avoid 1099 Reporting Penalties for One-Time Vendor Payments

    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.

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  • IRS Guidance on Abandoned Money Demonstrates Complexity of 1099 Reporting

    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.

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  • New Jersey, Vermont Individual Mandates Could Start Trend of State-by-State ACA Reporting

    New Jersey, Vermont Individual Mandates Could Start Trend of State-by-State ACA Reporting

    If more states follow the trend set by New Jersey and Vermont and bring back the individual insurance mandate themselves, state-by-state "ACA" reporting could get very complicated and expensive.

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  • [Datasheet] It’s Time to Prepare Your SAP Solutions for the Digital Future of Tax

    [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.

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  • Sovos Opens SAP S/4HANA Cloud Early Adopter Program, Announces Support for S/4HANA

    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

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  • [Datasheet] Sovos S1: Delivering Modern Tax Software

    [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.

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  • Sovos Unveils S1 Cloud Platform to Prepare Businesses for Digital Tax Enforcement Globally

    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

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  • IDC - Sovos Acquires TrustWeaver Strengthening Its Market Position

    IDC - Sovos Acquires TrustWeaver Strengthening Its Market Position

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  • Public Anger and GDPR: Why Too Much Data Sharing Could Have Negative Consequences

    Public Anger and GDPR: Why Too Much Data Sharing Could Have Negative Consequences

    in the wake of the Cambridge Analytica scandal and GDPR, the rules for data collection and sharing are literally changing. Here's what companies need to do to adapt to a new world.

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  • Why 1099-R Reporting Processes Need to Change

    Why 1099-R Reporting Processes Need to Change

    With baby boomers retiring in massive numbers, organizations need to be ready for a serious influx in 1099-R reporting. Are they? Probably not. Find out what they need to do to prepare.

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  • Webinar: Managing the Complexities of Use Tax on Purchases in Financial Service Organizations.

    Webinar: Managing the Complexities of Use Tax on Purchases in Financial Service Organizations.

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  • Tales from the Crypto: Why Tax Reporting for Cryptocurrencies Is So Scary

    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.

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  • Expert Q&A: Why Congress Dropped the Ball on Tax Reporting in the Sharing Economy

    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.

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  • Why Our Acquisition of TrustWeaver is an Important Milestone in the Evolution of Modern Tax Software

    Why Our Acquisition of TrustWeaver is an Important Milestone in the Evolution of Modern Tax Software

    By Andy Hovancik – President & CEO   Today, we announced the acquisition of Stockholm-based TrustWeaver to create a clear leader in modern tax software. TrustWeaver has become a seal of approval...

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  • Procure to Pay Process – ASUG Survey Finds Sales and Use Tax Obligation Blindspot – INFOGRAPHIC

    Procure to Pay Process – ASUG Survey Finds Sales and Use Tax Obligation Blindspot – INFOGRAPHIC

    A procure-to-pay process survey by ASUG uncovers sales and use tax obligations blindspot for organizations overpaying vendor invoices or paying audit penalties due to incorrect sales and use tax.

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  • [Webinar Recap] Corrections and Correct TINS: Best Practices to Maintain 1099 Compliance

    [Webinar Recap] Corrections and Correct TINS: Best Practices to Maintain 1099 Compliance

    Correcting 1099 forms can be daunting, with penalties set to increase and deadlines set to tighten. Discover best practices for not only correcting 1099s but avoiding reporting errors in general.

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  • Why Our Acquisition of TrustWeaver is an Important Milestone in the Evolution of Modern Tax Software

    Why Our Acquisition of TrustWeaver is an Important Milestone in the Evolution of Modern Tax Software

    Today, we announced the acquisition of Stockholm-based TrustWeaver to create a clear leader in modern tax software. TrustWeaver has become a seal of approval for the world’s largest procure-to-pay...

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  • Cybersecurity Expert and Noted Speaker John Sileo to Highlight Sovos Intelligent Reporting Summit

    Cybersecurity Expert and Noted Speaker John Sileo to Highlight Sovos Intelligent Reporting Summit

    The cybersecurity authority and renowned speaker will headline the Sovos Intelligent Reporting Summit in Denver in October. Learn more about John Sileo and how to register for the event.

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  • Sovos to Sponsor, Present at 2018 Tax Reporting and Withholding Conference

    Sovos to Sponsor, Present at 2018 Tax Reporting and Withholding Conference

    Sovos experts to present on tax reform and state reporting at event to be held near Washington, DC, April 23-25.

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  • Risky Business: How to Beat the Inefficiencies of Tax Compliance on Purchases

    Risky Business: How to Beat the Inefficiencies of Tax Compliance on Purchases

    Americas’ SAP Users’ Group (ASUG) survey reveals a continued blind spot in proper sales and use tax obligation in the procure-to-pay process for manufacturing and wholesale organizations.

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