The IRS has moved 1099 reporting deadlines up as a result of the PATH Act, and states are following suit. In the last two years, 21 states have moved deadlines up to January 31. This map offers the latest update in state reporting deadlines.
State 1099 Reporting Requirements Follow PATH of Tighter Deadlines
The IRS moved 1099 reporting deadlines up with the PATH Act, and states have followed suit. Here's what tax...
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Avoiding Tax Compliance Risks Moving to SAP Central Finance
Three important tax compliance considerations and hidden risks that could derail your Central Finance project if you’re not aware of them.
[Infographic] Hungary VAT Reporting
Hungary is seeking to close a massive VAT gap with new requirements that mandate real-time reporting. What does this mean for companies doing business in Hungary? Find out in this infographic.
Mandatory E-invoicing in Greece: What to Expect
Mandatory e-invoicing is coming to Greece by January 2020. What does that mean for companies doing business in the country? Find out here.
SAP in Latin America: Top 10 Implementation Hurdles
Mandated e-invoicing and tax reporting requirements in Latin America make SAP implementations in this region more complex than anywhere else in the world. Here are 10 common implementation issues.
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.
Automated Exemption Certificate Management at Bridgestone HosePower
Bridgestone HosePower selects Sovos for automated exemption certificate management reducing time spent tracking down valid certificates from weeks to a day.
Colombia DIAN Delays E-invoicing Mandate for All But Largest Companies
The DIAN revealed that smaller companies in Colombia will not have to adopt mandatory e-invoicing by Jan. 1, 2019. The schedule for the mandate is unclear.
Economic Nexus Update – Colorado and Connecticut to Begin Collection
On December 1, 2018, Colorado (note new grace periods) and Connecticut begin enforcement of economic nexus rules and six more states begin January 1, 2019.
Possible Postponement in Sight for Italy e-Invoicing Mandate
Amendments to extend the deadline for the Italy e-invoicing mandate are currently under consideration by the Senate Finance Committee.
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.
Why the Creation of a “United Nations of Digital Tax” Is a Game-Changer for Digital Business Transformation
The platform created at a recent conference creates a “United Nations of Digital Tax” with the power to redirect the digital transformation of business. Find out why that's important.
10 Challenges of Native SAP Tax Compliance – Part Three
Challenges of native SAP tax management due to the rise of real-time integration with invoicing, procure to pay and other business transaction flows.
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.
Why the New Process for Cancelling E-Invoices in Mexico Matters
The changes in the new process for cancelling electronic invoices in Mexico are not trivial. There are major ramifications for both AP and AR. Learn more.
White Paper: A Comprehensive Guide to the UK Making Tax Digital Initiative
With Making Tax Digital, the UK has set out "to become one of the most digitally advanced tax administrations in the world." What does that mean for companies doing business there? Find out here.
Italy’s E-invoicing Reform Is Far-Reaching and Affects All B2C Transactions
The new e-invoicing framework will be mandatory for all transactions towards taxable persons and non-taxable persons. Find out why that matters.
Webinar On-Demand: Streamline Compliance with Sovos Sales and Use Tax Filing
Sovos product experts discuss sales and use tax challenges facing the market and how Sovos Sales and Use Tax Filing can simplify the process.
Sales Tax Institute: Construction & Real Property Sales Tax Deep-Dive
Regardless of what state(s) you are conducting construction and real property transactions in, it is crucial that you handle your sales tax obligations correctly.
Sales Tax Institute: Manufacturing Sales Tax Exemptions That’ll Save
Learn which steps of the process can be included in the different states’ manufacturing exemptions and how the way you use equipment can determine if it is exempt or not.
[Infographic] Making Light Work of Making Tax Digital