News

HgCapital makes major investment in Sovos

January 18, 2016, 9:44 pm EDT in Blog, News

We are excited to announce that HgCapital, a leading European-based private equity firm, has signed an agreement to invest in Sovos Compliance. Their investment will help us accelerate our growth through development and acquisition of innovative tax compliance solutions worldwide. HgCapital selected Sovos for a key US-based investment HgCapital uses a proven,...

Sovos Celebrates a Successful Black Friday/Cyber Monday Weekend

December 3, 2015, 9:34 am EDT in Blog, Indirect Tax, Infographics, News

When the demands of retailers were highest, this Black Friday/Cyber Monday weekend Sovos delivered fast, accurate sales tax calculations so clients could reach their revenue goals.The last weekend of November can be a trying time for retailers. Every year there seems to be a bigger push for more extreme and...

Sovos Compliance Featured in Risk & Compliance E-Magazine

November 17, 2015, 3:36 pm EDT in Blog, Global Information Reporting, In the News

CMO, Troy Thibodeau, Discusses Software and Technology in the New Age of Global Information Reporting Financier Worldwide is a leading publisher of news and analysis on the global business and finance market place. With leading products such as the monthly print publication, Financier Worldwide Magazine, the organisation has become recognised as...

Sovos Compliance Introduces Enhanced VAT Reporting Capabilities

November 9, 2015, 10:31 am EDT in Blog, Press Releases

Boston, MA, November 9, 2015 - Sovos Compliance is proud to announce the latest enhancements to our VAT compliance solution. With nearly 150 countries requiring VAT or similar consumption taxes, VAT reporting is an integral part of any international tax compliance strategy.Sovos offers web-enabled VAT reporting and analysis that can...

Sovos Compliance’s Taxware TWE 8.4 Achieves Oracle Integration

October 5, 2015, 9:27 am EDT in News, Press Releases

Sovos Compliance’s Taxware TWE 8.4 Achieves Oracle Validated Integration with Oracle’s JD Edwards EnterpriseOne Helping customers seamlessly integrate their ERP systems with Taxware’s sales and use tax reporting and compliance automation solutionsBoston, MA. October 8, 2015 – Sovos Compliance, a Gold level member of Oracle PartnerNetwork (OPN), announces it has achieved...

Sovos Compliance’s Taxware TWE Adapter 8.4 for SAP® ECC Achieves Certified Integration

September 23, 2015, 9:54 am EDT in News, Press Releases

Sovos Compliance’s Taxware TWE Adapter 8.4 for SAP® ECC Achieves Certified Integration with SAP ERP Taxware Enterprise Adapter 8.4 Delivers Tax Reporting Software to Clients That Interoperates With SAP ERPBoston, Mass. – September 18, 2015 – Sovos Compliance is proud to announce that the Taxware Enterprise Adapter 8.4 for SAP® ECC...

Sovos Compliance Announces New Tools for Affordable Care Act Reporting

September 21, 2015, 10:20 am EDT in Affordable Care Act, News, Press Releases

As the deadlines for issuing the new ACA 1094 and 1095 forms as well as making the necessary IRS transmittals rapidly approach, the leading filer of 10 series forms in the US is ready to help organizations meet this new and complex information reporting requirement.Boston, MA, September 15, 2015 – Sovos...

Sovos Compliance Acquires WineDirect Compliance

September 2, 2015, 8:22 am EDT in Blog, News, Press Releases

Expands Sovos’ beverage alcohol compliance platform September 2, 2015 ― Sovos Compliance, an industry leader in tax, compliance and regulatory reporting, has acquired WineDirect Compliance, a Napa-based compliance reporting and tax solution for wineries.The acquisition of WineDirect Compliance comes on the heels of the April acquisition of ShipCompliant, the leading compliance...

Sovos Compliance Adds Depth of Experience and Expertise to Executive Leadership Team

August 18, 2015, 9:39 am EDT in Blog, News, Press Releases

Announcing the appointment of Andy Zupsic as COO and Jack Walsh as CFOBoston, MA. August 12, 2015Sovos Compliance is proud to announce the additions of Andy Zupsic as Chief Operating Officer and Jack Walsh as Chief Financial Officer.Mr. Zupsic and Mr. Walsh bring additional depth to an already experienced...

Sovos Compliance Helps 1099/1095 Filers Avoid Increasing Penalties

August 12, 2015, 10:34 am EDT in Blog, News, Press Releases

Offering another detailed webinar and supporting educational materials to help businesses with tax compliance and to mitigate new penalty increase exposure. MINNEAPOLIS, MN.  AUGUST 12, 2015 On June 29, an update was passed to the Trade Preferences Extension Act. H.R. 1295 (now PL 114-27). This legislative change more than doubles the penalty...