Tax Compliance
ACA Update: What Does the Graham-Cassidy Plan Mean for Reporting?
The employer mandate could be repealed if Senate Republicans push through their newest attempt to repeal and replace the Affordable Care Act, but it appears
Category: Tax Compliance
Tax Compliance
AEOI Experts Discuss the Risks and Complexities of CRS Reporting
Overview: Sovos AEOI Event in New York City Sovos recently hosted its AEOI Global Compliance Series event in New York with an event focused on
Tax Compliance
How Tax Pros Can Avoid the Nightmare of 1099 B and P Notices
Note: This blog was updated on September 3, 2021. According to the Treasury Department’s American Families Plan Tax Compliance Agenda, the most recent assessment of
Tax Compliance
Expert Q&A: Best Practices for 1099 B and P Notices
Note: This article on 1099 B and P notices was updated on September 14, 2021. Sovos recently held a webinar on best practices for dealing with “B”
Tax Compliance
Expert Answers to HR Professionals’ Questions about ACA Reporting
Despite multiple repeal attempts, the Affordable Care Act (ACA) is alive and well. Employers still have to report ACA information or face increasing penalties. With
Tax Compliance
VAT Newsletter: August 2017
Keep current with VAT news without having to sift through the news every day. Here are the most significant happenings in the world of VAT
Tax Compliance
Norway Prepares for SAF-T eAccounting
Norway will soon require SAF-T (Standard Audit File for Tax), electronic submissions of transaction-level accounting records, joining a growing number of European countries that are
How Manufacturing Leaders Overcome Sales and Use Tax Audit Challenges – INFOGRAPHIC
The current regulatory environment for manufacturers is laden with risk. In a recent Aberdeen Group survey, 50 percent of manufacturers indicated they saw a significant
Tax Compliance
What HR Professionals Need to Know to Avoid Big ACA Reporting Penalties
The Affordable Care Act (ACA) is still the law of the land, having survived attempts to both repeal and replace the legislation. It now has
Tax Compliance
2017 Marks Year of Changes in Brazil: Brazil Overhauls NFe and CTe
Already known as a worldwide leader in technology-driven tax compliance, Brazil has announced several changes and additions to its requirements starting in 2017. These changes,
Tax Compliance
What Tax Professionals Need to Know about the Dark Web
If you don’t know much about the dark web, you’re not alone. Maybe 5 percent of internet users are on it (at a stretch), but
PATH Act Deadlines Create Problems for Financial Institutions
Financial institutions are having to deal with a new set of challenges in tax information reporting. Cheryl Riedlinger, noted tax attorney and head of the
Tax Compliance
Financial Institutions Struggle with First UK CRS Transmittal
The first round of UK CRS filings didn’t go quite as well as some tax professionals at financial institutions thought it would. Just before the
How Tax Leaders Can Propel Client Service and Optimize 1099 Reporting
Financial services companies are now forced to tackle a new breed of 1099 reporting requirements for corporate clients. Federal and state governments are increasing audit
How Manufacturers Keep Pace with Global Tax Compliance – Infographic
It’s no surprise that the acceleration of regulatory complexity is increasing manufacturers’ risk of being negatively impacted by sales and use tax compliance in ways
Senate “Skinny Repeal” Fails: Mixed Messaging Lingers for Next Steps
Amidst questions coming out of last week’s Senate vote-a-rama, one thing is clear: Information reporting obligations for Applicable Large Employers and providers of health insurance
Filers Struggle to Meet New PATH Act Reporting Deadlines
New numbers suggest the PATH Act deadline for filing W-2 and 1099-MISC forms is continuing to cause havoc for employers. The PATH Act, enacted in
Tax Compliance
Spain SII Requirements Expanded – New Mandates Begin January 1
Businesses in two of Spain’s autonomous communities – Basque Country and Navarra – will soon be subject to Spain’s Immediate Supply of Information on VAT