Louisiana Releases Updated EFT Guidelines
Louisiana recently published the 2023 version of R-20201, Electronic Fund Transfer (EFT) Guidelines. This publication provides details and procedures for taxpayers using EFT to submit payment
Solution: Tax Compliance
BRAZIL: EFD-Reinf Migration of Events to Layout v.2.1.1 and Synchronous Transmission Deadline
According to the information made available in the SPED web portal, as soon as the new version of the EFD-REINF (Digital Fiscal Record of Withholdings
Tax Compliance
Four Pillars of a Strong Technology Match
There are many technology vendors out there promising you the world. With a technology vendor partnership, those miracle solutions to all your business needs are
Nebraska Releases Updated 501N for Tax Year 2022
Nebraska recently updated form 501N for tax year 2022. Form 501N is for Nebraska Monthly Income Tax Withholding Deposit. There were no substantive changes from the
1099
1099 Reporting Season Prep
When it comes to 1099 reporting, knowledge is power. Sovos, the leading private filer of 10-series forms and boasting over 30 years of unrivaled experience
1099
Preparing your Accounting Team for a Successful Year-End Close with Sovos + AvidXchange
The conclusion of the calendar year marks the beginning of preparations for year-end close and tax reporting season. These processes require full-time attention to ensure that
1099
Key Updates in State Reporting and Best Practices
State reporting requirements vary by state and can change from one year to the next. The constant change coupled with a relatively quick turnaround time
News
Sovos Launches New Global Partner Program to Meet Needs of Growing Ecosystem
Sovos Partner Network drives digital transformation of tax compliance for customers while offering significant profit potential and borderless growth to partners BOSTON – October 6,
1099
Spooky Season Tax Updates
As tax information reporting season approaches, it’s time to start taking note of regulatory changes for this tax year and preparing for January. Threshold changes,
Electronic Invoicing
E-Invoicing Developments in Northern Europe
Update: 13 March 2023 by Enis Gencer Northern European Jurisdictions: CTC Update The European Commission’s VAT in the Digital Age (ViDA) proposal continues to unfold
Global Tax Determination
Croatia: Adoption of the Euro
On 12 July 2022 a Council Regulation of (EU) 2022/1207 was issued amending Regulation (EC) No 974/98 regarding the introduction of the Euro in Croatia
1099
1099 101
Looking for an introduction to tax information reporting? Interested in learning best practices from the experts to apply to your own reporting processes? Join this webinar
Value Added Tax
Supply of Digital Services Abroad: What to Consider
The expansion of the Value Added Tax (VAT) and Goods and Services Tax (GST) indirect tax to include business to consumer (B2C) sales of digital
Greece: Recent Changes to MyDATA System
The Independent Authority for Public Revenue (IAPR) has made some updates to the MyDATA system in recent weeks, including technical and regulatory changes. The changes
Tax Compliance
Switzerland Introduces QR Bill to Increase Automation of Payment Data
Switzerland along with other countries, such as Portugal and India, is endeavoring to support automation in financial processes without introducing structured invoice files. The method
Tax Compliance
The Rise of E-Transport Documents and The Hungarian Approach: EKAER
Many countries have recently started their continuous transaction controls (CTC) journey by introducing mandatory e-invoicing or e-reporting systems. We see more of this trend in the
Minnesota Updates Withholding Certificate for Pension and Annuity Payments
The Minnesota Department of Revenue recently updated Form W-4MNP, Withholding Certificate for Pension and Annuity Payments. This form is used by distribution recipients to report
Utah Publishes Updated Withholding Tax Guide
The Utah State Tax Commission recently published an updated version of Publication 14, Withholding Tax Guide. This publication provides guidance and information for taxpayers relative