Unclaimed Property
Due Diligence Deep Dive
State due diligence requirements vary widely among the states. In this session, we will take a deep dive into the different requirements including timelines, thresholds,
Region: North America
Unclaimed Property
The ABC’s of Unclaimed Property Policies and Procedures
Policies and procedures serve a vital role in unclaimed property compliance. Join Laurie Andrews and Ann Fulmer as they explore the key components that should
Beverage Alcohol
New York Poised to Expand DtC Shipping
The New York legislature recently passed A3132A, a bill that will expand the range of products that residents of the state can have direct-to-consumer (DtC)
Massachusetts Sets Dates for 2024 Sales Tax Holiday
The 2024 Massachusetts Sales Tax Holiday will be held on Saturday, August 10 and Sunday, August 11. Most retail items of up to $2,500, purchased
IRS Releases Update to Form 941-X And Accompanying Instructions
The IRS recently released an update to Form 941-X and the accompanying instructions. Form 941-X is the form for reporting Adjusted Employer’s Quarterly Federal Tax
Maryland Increases Sales Tax on Electronic Smoking Devices
As part of Senate Bill 362, the “Budget Reconciliation and Financing Act of 2024,” Maryland has, among a variety of changes, increased the sales and
Minnesota Enacts New Retail Delivery Fee effective July 1, 2024
Minnesota’s new Retail Delivery Fee, the “Road Improvement and Food Delivery Fee,” takes effect July 1, 2024. Retailers will be subject to a $0.50 fee
North Dakota Tax Changes Effective July 1, 2024
The North Dakota Office of State Tax Commissioner recently announced local tax changes effective July 1, 2024. Such changes include a sales tax rate increase
Connecticut Increases E911 Fee
In Connecticut, a surcharge is assessed by the Public Utilities Regulatory Authority on all phone lines, including prepaid wireless services, in order to fund E911
CO Releases Local Sales & Use Tax Changes Effective July 1, 2024
The Colorado Department of Revenue published local sales and use tax changes effective July 1, 2024. Such changes include rate increases for the cities of
Tax Compliance
Observations and Predictions: The Future of Tax and Compliance
When I became the CEO of Sovos one year ago, I knew that I was stepping into an innovative company in an industry primed for
Eagle County and Avon, CO Exempt Period & Incontinence Products
The state of Colorado provides a sales and use tax exemption for period and incontinence products at the state level which may be adopted by
Ohio 2024 Expanded Sales Tax Holiday
The Ohio Department of Taxation announced the state will have an expanded sales tax holiday from July 30 through August 8, 2024. During the holiday
Minnesota Decreases E911 TAM Fees Effective July 1, 2024
Minnesota decreased their E-911/Telecommunications Access fee from $0.84 to $0.83, effective July 1, 2024. For more information please refer to the Minnesota Prepaid Wireless E911
Tax Compliance
Statutory Reporting Solution Demo
The time it takes to remain compliant with statutory reporting requirements adds up quickly. This is because the tasks involved are manual, time-consuming and complex.
News
TINCheck by Sovos Protects Customers with Simple Real-time Identity Verification
ATLANTA, MAY 30, 2024 – TINCheck by Sovos, today announced the launch of the new and enhanced service offering, enabling businesses to reduce the risk
E-archiving
Harmonising the EU VAT System: Addressing Disparities in Implementation & Simplifications for Intra-Community Trade
The EU Directive for VAT has laid the groundwork for a harmonised VAT system throughout the different Member States. However, the implementation of the EU
Value Added Tax
A Little Less Taxing: Addressing Tax Compliance Complexity for Manufacturers
Sovos and Aberdeen Strategy & Research conducted a study to better understand key issues and approaches to sales and use tax compliance across the U.S. manufacturing segment. This research included interviews with tax professionals from 150 U.S.-based manufacturing companies.