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W-8 management 1042-S
How to Prepare Your 1099-K Recipients for the 2022 Reporting Season

Editor’s note: This blog was updated on November 27, 2023 Update: Since this content was published, the IRS released additional guidance further delaying and making changes to the implementation of the lowered Form 1099-K reporting threshold for 2023 returns. Read our recent blog post for additional details about the latest Form 1099-K reporting threshold requirements.  […]

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Vertex Pagero
Which Sales Tax Solution Does My Business Need?

Picking the right sales tax solution is not always apparent. Federal, state and local regulations can quickly change. Businesses evolve, whether through introducing new products and services or by expanding into new jurisdictions. Organizations must consider internal processes as well, ensuring that a sales tax solution helps–not hinders–daily operations. It’s also important to independently evaluate […]

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Colorado mountains and road
Proposition 125 Passes in Colorado

The results are in—Coloradoans will soon be able to purchase wine in more stores than ever before. Proposition 125 allows for “grocery stores, convenience stores and other businesses currently licensed to sell beer to also sell wine.” This follows the expansion of full-strength beer sales in grocery stores, which took effect January 1, 2019. Any […]

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delaware vda 2023
Is Delaware DtC Wine Shipping Right Around the Corner?

Delaware State Rep. Mike Smith (R-Pike Creek Valley) plans to introduce legislation that will open up direct-to-consumer (DtC) wine shipping to Delawareans. Currently, state residents can legally purchase wine through the three-tier system but are not able to purchase directly from a winery and have the product shipped to their front door. Smith’s bill would […]

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sales tax MS Dynamics 365
5 Sales Tax Compliance Questions MS Dynamics 365 Users Want Answered

Microsoft users have been pushing toward the shift to the cloud and modernizing their IT strategy. However, it is essential they do not overlook their sales tax strategy as a factor in these decisions. As businesses grow and tax regulations become more complex, it will be beneficial to keep sales tax compliance manageable. Sovos recently […]

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beverage alcohol regulation 2022
Beverage Alcohol Regulation in 2022 – A Year in Review

As 2022 draws to a close, it’s time to look back and reflect on the year that was. For beverage alcohol regulation, 2022 saw an interesting mix of big changes on one hand and stagnation on the other. On the direct-to-consumer (DtC) shipping front, there was little overall change, at least compared to the admittedly […]

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Four Pillars of a Strong Technology Match

There are many technology vendors out there promising you the world.  With a technology vendor partnership, those miracle solutions to all your business needs are available at your fingertips.  However, as with most things in life, it’s important to ensure you check off all the important boxes before making a purchasing decision. When you’re shopping […]

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great resignation 1099s
The Great Resignation to the ‘Great Confusion’ — What It Means for 1099s

The Great Resignation may technically be behind us, but the ripple effects are far from being complete. More than ever people are pursuing a side gig in addition to a job (full- or part-time). In some cases it’s out of economic necessity, while in others it can be for a lifestyle choice or based on […]

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E-invoicing Africa
E-invoicing and Fiscal Digitization in Africa

African countries are following e-invoicing and continuous transaction control trends implemented rapidly by many countries around the globe. Each country in the continent is developing their variation of a tax digitization system. This means there is currently no standardisation with compliance requirements differing in each jurisdiction. A common transaction reporting feature among African countries is […]

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DtC alcohol shipping
How Can Direct-to-Consumer and Three-Tier Complement One Another?

Historically, the three-tier and direct-to-consumer (DtC) channels for beverage alcohol have operated independently, sometimes even viewing the other as competition. But in reality, there are many opportunities for a symbiotic relationship between these business units. For beverage alcohol producers that depend on both, a collaborative approach is imperative. DtC and three-tier—what’s the difference? First, some […]

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QR code
QR Code Regulations in the Beverage Alcohol Industry

By Robert M. Tobiassen, President of the National Association of Beverage Importers, Inc. (NABI)  QR codes are not new to beverage alcohol labeling, but they’re seeing a rise in popularity as consumers become savvier to the technology. Once bars are restaurants reopened in the summer of 2022, QR codes became the virtual menu tool of […]

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Manage Your Mandates Before They Begin Managing You

It’s a good year to be an IT leader. After far too many years of the phrase “do more with less” being the mantra of most organizations when it came to technology spending, things are finally looking up. According to research firm Gartner, IT spending will reach an estimated $4.5 trillion in 2022. This represents […]

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sales tax wayfair
RTD Cocktails and the Law

Everywhere you look these days, it feels like there’s a new ready-to-drink (RTD) cocktail on the market. These products have taken the beverage alcohol market by storm over the last few years, with seemingly everyone and their brewer now making their own margarita in a can. Consumers are clearly happy about this—RTD cocktails are now […]

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The Red Phone is Ringing and IT Needs to Answer the Call – Five Things to Know

It might not quite be THAT red phone that’s ringing, but rest assured, management is currently dealing with a serious problem, and they are looking at IT to solve it for them. There are two things that make Boards and C-Suites nervous beyond all else. Risks that have the potential to impact the bottom line […]

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How the Future of Work Could Affect Insurance for Businesses

What is the current situation for insurance for businesses? Until the Covid-19 pandemic in March 2020, the view was that businesses provide insurance such as Employers’ Liability during normal day-to-day operations. Employers’ Liability insurance is compulsory, protecting a company’s employees and workplace visitors for accidents where a claim needs to be settled. Following the Covid-19 […]

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Sovos CRN partner program
Is the Time Right for a Sales Tax Nexus Review?

Sales tax nexus is not static. As your company grows, expands and evolves, your nexus footprint will likely change as well. All too often, companies will not realize the compliance impact of those changes until they receive an unfriendly inquiry from a sales tax auditor. As tax compliance professionals emerge from the barrage of requirements […]

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The Data Partner You Didn’t Ask for is Now in Charge

Imagine this scenario. Your business partner changes the rules on you mid-stream and your ability to conduct business with them is now contingent on changing your entire reporting structure to meet their new demands. Oh yeah, I should also mention the time frame to meet these demands is extremely tight and if you don’t, you […]

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Wisconsin sales tax NFTs
Wisconsin Quietly Announces Sales Tax Rules on NFTs

Emblematic of a trend gaining momentum, Wisconsin becomes the fifth U.S. taxing jurisdiction to promulgate official guidance regarding the applicability of sales tax to non-fungible tokens (NFTs). Going as far back as 1976, Wisconsin published a periodic “Tax Bulletin” announcing new laws, letter rulings and status updates on tax-related litigation. In its most recent edition […]

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