IRIS Working Group Announces Timeline for FIRE Retirement
The IRS officially announced intentions to fully retire its Filing Information Returns Electronically (FIRE) system during December 2026. Effective for tax year 2026 forms filed
Region: North America
Colorado Releases July 2025 Local Sales Tax Changes
The Colorado Department of Revenue recently released the July 2025 local sales tax changes. Among the changes were new state-administered districts to supplement funding for
Unlock Belgium’s E-Invoicing Mandate: Key Insights and Live Demo
In this webinar will explain Belgium’s B2B e-invoicing fundamentals and showcase a live demo of Sovos’ end-to-end compliance solution.
Tax Compliance
IRS FIRE System Sunset: What the IRIS Transition Means for Filers
The IRS has officially confirmed a plan to sunset the FIRE system, marking one of the most significant transformations in information return filing in decades.
Sovos Partners with Shopify to Automate Sales Tax Filing and Remittance for Merchants
Shopify with Sovos will simplify the sales tax returns process for Shopify merchants ATLANTA, June 10, 2025 – Sovos, the always-on compliance company, today announced
Connecticut Decreases 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
Alabama Overtime Exemption Ends June 30, 2025
Alabama’s 2025 legislative session ended without extending the overtime exemption from income tax. The overtime exemption expires on June 30, 2025. Overtime compensation paid on
Minnesota E911 E988 and TAM Fee
In Minnesota, the Prepaid Wireless E911, TAM and 988 fees are increasing from a combined fee amount of $0.95 to $0.96 effective July 1, 2025.
Mississippi Reduces Sales Tax on Groceries with HB 1
Earlier this year Mississippi passed HB1 which reduces the state sales and use tax rate on groceries for human consumption from 7% to 5% starting
Utah Expands 1099-K Reporting Requirements with HB 60
On March 25, 2025, Governor Spencer Cox signed Utah House Bill 60 (HB 60) into law, significantly expanding the state’s 1099-K reporting requirements. HB 60
Maryland Enacts 3% Tax on Data and Information Technology Services; Repeals Exemption for Custom Software
On May 20, 2025, Maryland House Bill 352 was signed into law, enacting a 3% tax on certain data and information technology services and repealing
Washington Governor Signs Tax Legislation
Washington’s governor recently signed three pieces of legislation which will have a major impact on retail sales tax in the state. Senate Bill 5794 would
Philippines Imposes 12% VAT on Foreign Digital Service Providers
Effective June 1, 2025, Republic Act No. 12023 amends the Philippine Tax Code so that nonresident digital service providers (DSP) will be liable for 12%
Maryland Narrows Bullion Exemption
In Maryland, the purchase price of precious metal bullion or coins were exempt from sales tax if the taxable amount exceeded $1,000. On May 20,
Ohio Announces 2025 All-Inclusive Sales Tax Holiday Dates
The Ohio Department of Taxation recently announced the 2025 dates for Ohio’s All-Inclusive Sales Tax Holiday. The holiday period for the 2025 season will occur
Tax Compliance
Global E-archiving Compliance: The Essentials of E-invoice Storage
The digital business landscape is forever changing, yet one thing is certain: electronic archiving is more than a convenience – it’s a matter of compliance.
Events
SAPinsider Europe Super Summit
Whether you’re planning your move to SAP S/4HANA or optimizing an existing deployment, this summit will help you go beyond migration to drive true enterprise transformation.
Sales & Use Tax
The 5 U.S. States with No Sales Tax
In a country where sales tax is the norm, a handful of states stand out for going against the grain—they don’t impose any statewide sales