Colorado Revises Local Sales & Use Tax Admin into Uniform Statute
Colorado recently enacted SB 25 which revises separate statutes governing local sales and use tax administration by the state into a single statute. Among the
Region: North America
Tax Compliance
Taxation of Motor Insurance Policies: Austria
In Austria, the insurance premium tax law regulates the indirect tax that applies to elements of coverage under a motor insurance policy. This blog details
Value Added Tax
From Borderlines to Bottom Lines: Maximising VAT Efficiency
Unlock the secrets to fruitful global trade in our latest webinar; our consulting expert Luca Clivati will provide valuable insights and guidance to help businesses
IRS Releases Draft of New Form 1099-DA
The IRS recently released a draft version of the long and highly anticipated Form 1099-DA, Digital Asset Proceeds From Broker Transactions. The form will be
Oregon Releases Additional Independent Contractor Reporting Guidance
On January 1, 2024, Oregon law began requiring reporting of newly hired or reengaged independent contractors. From January to March 2024, the Oregon Child Support Program rolled
IRS Updates Instructions for Form 1098-Q
The IRS recently updated the Instructions for Form 1098-Q. The updated instructions include a note to use them with the December 2019 revision of the
IRS Releases 2024 Instructions for Forms 1099-SA and 5498-SA
The IRS recently released its 2024 Instructions for Forms 1099-SA and 5498-SA. These instructions cover reporting of distributions from an HSA, Archer MSA, or Medicare
Sales Tax
Simplify Sales Tax Compliance with the SST Model 1 Program
Omni-channel sellers and multi-state organizations are increasingly seeking ways to increase the efficiency of compliance processes. With Streamlined Sales Tax (SST), qualifying sellers can take
1099
IOFM Spring Conference & Expo
Come see Sovos at booth 423 at the IOFM Spring Conference & Expo.
The most comprehensive event dedicated to Accounts Payable, Accounts Receivable, and Procure-to-Pay brings together experienced practitioners and innovative strategists to provide an in-depth, three-day learning experience. Get proven best practices and tested solutions to the toughest challenges in accounting and finance today.
IRS Modernization
eBook IRS Modernization With over 40-years of tax law changes built into hundreds of legacy applications, the Internal Revenue Service has been embarking on an
Events
Gartner CFO & Finance Executive Conference
Visit the Sovos team at booth 525 to talk about global compliance automation and don’t miss our CMO, Chris Lynch, presenting “Transform Compliance from a Business Requirement to a Force for Growth” on May 21.
Beverage Alcohol
3 Reasons Craft Beer Drinkers Want DtC Shipping
While only 11 states and D.C. allow direct-to-consumer (DtC) beer shipping, more than half of Americans ages 21+ (51%) would purchase more craft beer if
Beverage Alcohol
States Are Looking to Expand DtC Spirits & Beer Availability
2024 is shaping up to be a banner year for legislative efforts related to the direct-to-consumer (DtC) shipping of beverage alcohol. While these proposed laws
Sovos Streamlines Partner Network, Accelerating Joint Revenue Opportunities
Enhanced program provides access to the industry’s only complete platform for tax compliance and regulatory reporting (ATLANTA – April 15, 2024) Sovos, the always-on
Colorado Retail Delivery Fee Increase Effective July 2024
Colorado imposes a retail delivery fee on all deliveries by motor vehicle in the state with at least one item of tangible personal property subject
Sovos Accelerates Always-On Compliance with Enhanced Connector Marketplace
Flexible integration solutions streamline business operations while meeting tax and regulatory demands (ATLANTA) April 10, 2024 – Sovos, the always-on compliance company, today announced the
NFCom Smart
Sovos NFCom Smart High-volume intelligent messaging, capable of integrating invoice systems, validating CPF and CNPJ and correcting errors. Communication and Telecommunications Service Invoicing Issue NFCom
Colorado Vehicle Daily Rental Fee Increase Effective July 2024
Colorado imposes a Daily Vehicle Rental Fee on motor vehicle rentals 30 days or less and certain car sharing rentals. The rate may adjust for