Consolidate data and transmissions while offering superior customer service.
The largest 10-series filer in the U.S., Sovos automates tax information reporting obligations to safeguard businesses from the burdens and risks of compliance.
Federal, state and territorial tax information reporting obligations strain compliance teams, and rapidly changing regulations leave businesses scrambling to adjust their systems and processes. Couple these challenges with the fact that the required 10-series reporting data is typically scattered across multiple, redundant systems – and as a result, both IT and tax departments become overburdened with increasing compliance obligations.
At the same time, compliance and tax groups are charged with providing a high level of customer service and expertise to clients when consolidating data and completing required forms. Errors and compliance breakdowns expose businesses to reporting penalties, audits and time-consuming, costly B-notices.
Sovos Intelligent Compliance Cloud delivers a solution that minimizes data manipulation, tracks form changes and deadlines, and compiles and transmits filings to appropriate federal and state tax authorities efficiently. Our customers operate with confidence in today’s dynamic regulatory environment.