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Posted May 19, 2016 by Sovos
Sovos Sales Tax SuiteApp Achieves ‘Built for NetSuite’ Status

New SuiteApp Meets the NetSuite SuiteCloud Platform’s Development Standards and Documented Best Practices. Boston, MA, May 19, 2016 – Sovos Compliance announced today that the Sovos Sales Tax SuiteApp has achieved ‘Built for NetSuite’ status. The new SuiteApp, built using NetSuite’s SuiteCloud Platform, provides an end-to-end sales and use tax automation tool for clients using SuiteTax, […]

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Posted March 9, 2016 by Sovos
ShipCompliant Featured in the Washington Post

Recently, the Sovos company, ShipCompliant had their annual report highlighted in the Washington Post. As the article points out, “The very existence of a firm such as ShipCompliant highlights the difficulties of direct shipping. Forty-three states allow it in some form or other, up from 17 in 1998, but state laws and regulations differ, creating […]

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Posted March 8, 2016 by Sovos
Sovos Announces Industry’s First Global Marketplace Tax Solution

New solution allows online marketplace providers to provide tax collection and reporting for sellers. Boston, MA, March 8, 2016 – Aiming to help businesses grow online sales by protecting them from increasingly onerous compliance obligations, Sovos announced today it will offer the industry’s first global marketplace tax solution. “More and more of our Fortune 100 retail […]

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Posted January 25, 2016 by Sovos
Sovos Featured in Risk & Compliance E-Magazine about FATCA

CMO, Troy Thibodeau, Discusses the Challenges of Complying With FATCA and the Harbinger of CRS In the first quarter issue of Risk & Compliance e-magazine for 2016, Troy Thibodeau, CMO of Sovos provides an update on the progression with regards to the implementation FATCA, the challenges that the IRS has encountered, and what this could […]

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Posted January 19, 2016 by Sovos
HgCapital makes major investment in Sovos

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, sector-focused approach for […]

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Posted December 3, 2015 by Sovos
Sovos Celebrates a Successful Black Friday/Cyber Monday Weekend

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 extended sales around Black […]

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Posted November 17, 2015 by Sovos
Sovos Compliance Featured in Risk & Compliance E-Magazine

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 a leading source of […]

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Posted November 9, 2015 by Sovos
Sovos Compliance Introduces Enhanced VAT Reporting Capabilities

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 be used in conjunction […]

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Posted October 5, 2015 by Sovos
Sovos Compliance’s Taxware TWE 8.4 Achieves Oracle Integration

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 solutions Boston, MA. October 8, 2015 – Sovos Compliance, a Gold level member of Oracle PartnerNetwork (OPN), announces it has achieved Oracle Validated Integration […]

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Posted September 23, 2015 by Sovos
Sovos Compliance’s Taxware TWE Adapter 8.4 for SAP® ECC Achieves Certified Integration

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 ERP Boston, Mass. – September 18, 2015 – Sovos Compliance is proud to announce that the Taxware Enterprise Adapter 8.4 for SAP® ECC sales and use […]

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Posted September 21, 2015 by Sovos
Sovos Compliance Announces New Tools for Affordable Care Act Reporting

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 Compliance, an industry leader […]

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Posted September 2, 2015 by Sovos
Sovos Compliance Acquires WineDirect Compliance

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 and tax solution […]

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Posted August 18, 2015 by Sovos
Sovos Compliance Adds Depth of Experience and Expertise to Executive Leadership Team

Announcing the appointment of Andy Zupsic as COO and Jack Walsh as CFO Boston, MA. August 12, 2015 Sovos 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 and seasoned leadership […]

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Posted August 12, 2015 by Sovos
Sovos Compliance Helps 1099/1095 Filers Avoid Increasing Penalties

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 per record from […]

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Posted August 7, 2015 by Sovos
Sovos highlighted on Law360: 1099 Filing Penalties

1099 filing penalties have recently doubled. On July 27, Law360 contributor Eric Kroh published an article featuring Sovos Compliance CMO Troy Thibodeau. The article focuses on the increased need for the government to raise revenue through stricter compliance enforcement of compliance rules, including the Trade Preferences Extension Act of 2015. This update affects not only all 1099 filers, but also […]

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Posted July 29, 2015 by Sovos
Sovos Compliance Featured on CNBC for State Specific Tax-Free Holiday Information

On July 23rd, 2015, CNBC published an article highlighting how Sovos Compliance breaks down the complexity of sales tax holiday information. With a total of 18 states and Puerto Rico now holding these retail holiday weekends, it is important for businesses to understand what is exempt in each jurisdiction. Every state has its own rules […]

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Posted May 26, 2015 by Sovos
Sovos Compliance acquires Imaging Science and Services

Acquisition reinforces the Taxware sales, use and value-added tax compliance platform with exemption certificate management and regulated document management capabilities Boston, MA. May 26, 2015 − Sovos Compliance, an industry leader in tax compliance and reporting, announced today the acquisition of Imaging Science and Services, a leading provider of cloud-based document management and compliance solutions. […]

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Posted April 30, 2015 by Sovos
Sovos Compliance and GraVoc Associates Partner

Companies partner to create a comprehensive portfolio of technology products and services designed to help businesses in the SMB space Boston, MA (PRWEB) April 30, 2015 Sovos Compliance, a global compliance company that designs solutions to help businesses meet the demands of their unique tax compliance and reporting obligations partners with GraVoc, a Massachusetts-based consulting […]

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Posted April 28, 2015 by Sovos
Sovos Compliance Processed Nearly a Million ACA Forms

Sovos Compliance has already successfully implemented an ACA reporting solution for many of their clients this tax season Minneapolis, MN, April 28, 2015 − Convey Compliance, a Sovos Compliance Company, processed nearly a million 1095 forms this tax season in order to ensure their clients met the new tax information reporting requirements under the Affordable […]

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Posted April 2, 2015 by Sovos
ShipCompliant joins the Sovos Compliance Family

We’re excited to share the news about our most recent acquisition! Joining the Sovos Compliance family is Boulder-based ShipCompliant, the leading compliance and tax solution provider for the beverage alcohol market. When combined with the trusted industry expertise and global research capabilities of the Sovos Compliance companies (Convey, Taxware, and VAT Resource), together we expand […]

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