Interview with: Sergio Severo, Managing Director Sovos Latin America He was seriously considering retiring after an extensive and remarkable professional career when he received an
The IRS Recently released an update to Form 945-A, the Annual Record of Federal Tax Liability for the first time since December 2020 and its
In the first blog in our series, we introduced SAP Clean Core concept and how much is being made about its impact on business, specifically
The IRS recently published the 2025 version of Form 1042-S and its accompanying instructions. Form 1042-S is used to report income earned by non-resident aliens
Montana recently released the 2024 Electronic Filing Specifications for 1099 and W-2. For W-2, Montana conforms to the Social Security Administration’s EFW2 Publication (Specifications for
New Jersey recently released the 2024 NJ-EFW2 (W-2 Electronic Filing Specifications). New Jersey conforms to the Social Security Administration’s EFW2 Specifications, except for the RS
The IRS recently released the 2024 Instructions for Form 1042 (Annual Withholding Tax Return for U.S. Source Income of Foreign Persons). There are several impactful
Discover the top 2025 tax trends reshaping compliance. Learn how AI, real-time data, and new mandates are transforming tax into a strategic advantage.
The Polish Minister of Finance (MoF) has officially postponed the obligation to submit the JPK_ST_KR (known as the Polish Standard Audit File – SAF-T). This
Arkansas recently published its 2024 Specifications for Filing Forms W-2/1099 Electronically. The publication’s revision date is November 8, 2024. The document details the state-specific additions
West Virginia recently released its 2024 W-2 Specifications. There are several changes of note. First, a new instruction has been added for software companies and
The Canadian Government has announced its intention to implement a two-month tax holiday from the Good and Service Tax and Harmonized Sales Tax (GTS/HST). The
The State Taxation Administration (STA) in China recently decided to officially promote the optional adoption of digital electronic invoices throughout the country. The announcement, effective
Starting January 1, 2025, new regulations will mandate electronic invoicing for electricity and natural gas supplies to non-private individuals. This obligation is outlined in Government
For many U.S.-based companies, the first step in global expansion is selling into Canada, especially for eCommerce sellers and marketplaces. However, to ensure a smooth
As tax compliance is becoming more complex, organizations need frictionless solutions that can keep pace. Join our exclusive webinar and learn how Sovos offers the
The Sovos team invites you to discover how our tax automation tools can elevate your business at this year’s TEI Annual Conference in San Antonio. Be sure to add our weekend Riverwalk shuttle bus and insightful panel discussion to your agenda, and step into 2025 with a compliance strategy that is geared to help your business grow.
The IRS recently released its 2024 Publication 1187, the Specifications for Electronic Filing of Forms 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding. This