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
Solution: Tax Compliance
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.
Sales Tax
Oil and Gas Insights into Unclaimed Property
Unclaimed property compliance in the oil and gas industry continually presents challenges to holders in an ever changing and volatile environment. This webinar provides a
Maryland Waives Late Withholding Tax Penalties Until May 31
Maryland will waive penalties and interest for late withholding for Maryland businesses from January 1 to May 31, 2024, in the wake the Key Bridge
IRS Releases 2024 Form 941 With Schedules B, R, and Accompanying Instructions
The IRS recently released its 2024 Form 941, Schedule B, and Schedule R along with the accompanying instructions. Several changes have been made to the
IRS Releases 2024 General Instructions for Forms W-2 and W-3
The IRS has released its 2024 General Instructions for Forms W-2 and W-3. Form W-2 is used to report employment income to the IRS and
1099
Form 1042-S Reporting Updates and Best Practices
Because Form 1042-S encompasses all payments made to non-US recipients and has 429 applicable codes, it’s considered one of the most complex tax forms to
2024 SAPinsider Vegas
At SAPinsider Vegas 2024, you’ll connect with global leaders, practitioners, partners, and thought leaders to get inside the issues and trends that matter most to
Final Regulations for De Minimis Error Safe Harbor Exceptions to Penalties Published
On December 19, 2023, the proposed changes to the US Code of Federal Regulations relating to the de minimis error safe harbor exceptions to penalties
Economic Nexus
Modernizing Compliance for Global Manufacturers
In this webinar, we will explore why global manufacturers must embrace technological advancements in tax automation as part of their compliance strategies to stay ahead
1099
4 Key Takeaways on Recent Form W-8 and Form W-9 Changes
Last year, Sovos and Comply Exchange held a customer roundtable discussion on recent Form W-8 and Form W-9 changes. Here are some of the top
Unclaimed Property
Top 5 Unclaimed Property Audit Red Flags
Sovos often faces the question: “What triggers an audit from the States regarding unclaimed property compliance?” While each case is unique, there are common situations
Electronic Invoicing
Decoding KSeF: Preparing for the Upcoming Polish E-invoicing Mandate
In less than six months, Poland is going to introduce its long-awaited CTC clearance e-invoicing mandate – a tax reform that will impact a large
Electronic Invoicing
VAT Snapshot: Differing Demands of CTCs
As tax authorities continue to digitize processes in their mission to reduce fraud and close their VAT gaps, they are introducing requirements that provide greater
1099
Navigating Tax Year 2023’s Most Impactful Regulatory Updates
Join Sovos’ Solution Principal, Wendy Walker, for an exploration into the regulatory changes that will shape tax year 2023. Discover the latest updates on state
France: e-Invoicing Implementation Schedule Confirmed
The previously proposed delays to the roll-out schedule of the French e-invoicing mandate should now be considered as finalized, following a push from the French
News
It’s About Time – What Vertex Acquiring Pagero Means for Tax & Compliance
Like many of you, I read the news that Vertex had officially moved forward with plans to acquire Pagero with interest. This hardly comes as