Hawaii Releases 2026 Booklet A Employer’s Tax Guide
The Hawaii Department of Taxation has released the 2026 edition of Booklet A, Employer’s Tax Guide, with income tax withholding rates, methods, and tax tables
Solution: Tax Information Reporting
Revenu Québec Releases 2025 Guide to Filing the RL-1 Slip
Revenu Québec has released the 2025 Guide to Filing the RL-1 Slip (RL-1.G-V) for reporting employment and other income. The guide covers tax year 2025
Revenu Québec Releases 2025 Guide to Filing the RL-3 Slip
Revenu Québec has released the 2025 Guide to Filing the RL-3 Slip (RL-3.G-V), which reports investment income including dividends, interest, and royalties from Canadian sources.
IRS Releases Notice 2025-68 on Trump Accounts
The Treasury Department and IRS have released Notice 2025-68, announcing upcoming regulations and providing guidance on Trump Accounts, a new type of individual retirement account
IRS Releases 2026 Form W-4 Employee’s Withholding Certificate
The Internal Revenue Service has released the 2026 Form W-4, Employee’s Withholding Certificate. The 2026 form incorporates significant changes reflecting tax law updates, including deductions
Kansas Releases Custom 1099-DA Format for Electronic Filing
Kansas re-released its K-99CSV specifications with a 1099-DA format, making it the first state to post custom 1099-DA (digital asset transactions) electronic filing specifications for
Maine to Adopt IRIS Format for 1099 Starting Tax Year 2026 / Filing Season 2027
Maine Revenue Services has finalized its electronic file specifications for tax year 2025 Forms 1099 and W-2G information returns. MRS expects to conform with the
Ohio Updates 1099-MISC and 1099-NEC Thresholds
The Ohio Department of Taxation has released updated electronic filing specifications for tax year 2025 covering Forms 1099-R, 1099-NEC, and 1099-MISC. All specifications follow the
New Mexico Withholding Tax Reporting: Changes Effective January 1, 2026
Effective January 1, 2026, House Bill 218 introduces four changes to New Mexico withholding tax reporting: Quarterly Reporting Expansion. All employers and payers must file
Sovos 1099-DA Reporting
Sovos Cryptocurrency Tax Compliance Crypto Tax Software for Businesses, Complete Compliance Without Gaps From tax IDs to cost basis to 1099-DAs, every step of crypto
W8/W9 Management
Products Information Reporting and Withholding Suite W8/W9 Tax Form Management Sovos W-8/W-9 Tax Form Management Description Streamlines the collection, validation, and management of IRS Forms
Arkansas Releases 2025 W-2/1099 Electronic File Specifications
The Arkansas Department of Finance and Administration has released electronic file specifications for tax year 2025 W-2 and 1099 information returns. Notably, the mandatory electronic
IRS Notice 2025-62: Transitional Penalty Relief for OBBBA Tips and Overtime Reporting
The IRS released Notice 2025-62 on November 5, 2025, providing penalty relief for tax year 2025 regarding new information reporting requirements under the One, Big,
IRS Releases 2025 Instructions for Forms 1094-B, 1095-B, 1094-C, and 1095-C with Expanded Alternative Furnishing Method
The Internal Revenue Service has released the 2025 instructions for Forms 1094-B and 1095-B (health coverage reporting) and Forms 1094-C and 1095-C (applicable large employer
Tax Information Reporting
Tis the Season for Tax Triggers: How to Keep Your E-Comm Sales Tax-Compliant This Holiday Season
The holidays bring record online sales — and record tax complexity. With every click and cart, ecommerce sellers risk crossing economic-nexus thresholds and triggering new
Tax Information Reporting
Buy vs. Rebuild: Preparing for the IRS IRIS Era
As the IRS transitions information reporting from the FIRE system to the new IRIS platform, organizations relying on manual processes or home-grown, in-house systems face
Tax Information Reporting
From Collection to Compliance: Managing W-8 and W-9 Forms Efficiently
Managing W-8 and W-9 forms accurately is essential for IRS compliance, yet organizations often struggle with collection, validation, and ongoing document management. Join Jessica Zeltser,
Iowa Announces Exception for 1099-DA Filing Requirements
The IRS is set to implement Form 1099-DA beginning with the 2025 tax year, requiring brokers to report digital asset transactions including cryptocurrency sales and