Events
CFO Leadership Spring Conference
Join the us at the CFO Leadership Conference June 4-6 in Boston, MA. Connect with the Sovos team in the sponsor hall and don’t forget to mark your calendar for our June 5 breakout sessions.
Solution: Sales & Use Tax
Virginia Annual Tax-Free Weekend Extended to 2030
Virginia’s Governor recently signed House Bill 25 into law. The legislation extends the provisions for the annual tax-free weekend to another five years to July
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
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
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.
Events
Transform your processes with e-signatures: Optimize, save and act sustainably
Discover how electronic signatures streamline your operations, guaranteeing security and reducing paper consumption. Join our webinar to explore how our solutions revolutionize business processes in
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
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
Wisconsin Exempts Precious Metal Bullion
On March 21, 2024, Wisconsin Governor Tony Evers signed Assembly Bill 29 which creates a sales and use tax exemption for precious metal bullion. The
Virginia Enrolled Bill HB 1429 Allows Localities to Exempt Indoor Farm Machinery and Farm Implements from Sales Tax
Virginia enrolled legislation, HB 1429, allows local governing bodies to exempt “indoor, closed, controlled-environment commercial agriculture facility” farm machinery, farm equipment, and farm implements from
Sales & Use Tax
AICPA & CIMA CFO Conference
Join Sovos’ Chuck Maniace for a CPE presentation on The Changing Face of Sales Tax. Attendees will learn about social and economic factors that continue to influence sales tax changes across the country, and how finance leaders can move towards leveraging compliance as a force for growth.
Indiana Removes 200 Transaction Threshold for Establishing Economic Nexus
Indiana Governor Eric Holcomb signed SB 228, effective retroactively starting January 1, 2024, to remove the 200 or more separate transactions threshold for establishing economic
Nebraska Approves New Good Life Districts
In 2023, Nebraska Governor Pillen approved the Good Life Transformational Project Act (LB 727), which allowed local jurisdictions to apply to become a “good life
How Manufacturers Can Overcome the Top Sales and Use Tax Challenges
If you’re a manufacturer operating in multiple regions, you know how overwhelming it can be to adhere to each state’s set of rules.
Tax Compliance
What Is Indirect Tax?
When most people think about “taxes” it’s likely that their thoughts first turn to “direct taxes.” However, in today’s economy, “indirect taxes” are becoming increasingly
California to Exempt Breast Pumps and Related Items
Effective April 1, 2024, California will exempt breast pumps and certain related items. More information can be found in AB 1203.
Pennsylvania E 911 Fee Increases on March 1, 2024
Effective March 1, 2024, the Emergency-911 surcharge collected on the sale of wireless telephones or pre-paid telecommunication services will increase to $1.95 per retail transaction.
Putnam County New York Exempts Clothing
In New York state, clothing sold for less than $110 is exempt from state sales tax but subject to local sales tax unless the county