Content Library

Don’t just take our word for it. There’s a reason Sovos products are used by over half the Fortune 500 and the world’s smartest companies.

By the Numbers: 1099-MISC Nonemployee Compensation Reporting

This is the first in a series of reports on 1099 reporting featuring numbers not available anywhere else. In this number-filled report, discover graphics with exclusive data from Sovos on 1099-MISC nonemployee compensation reporting and understand where the future of the form lies.

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Five Factors Driving Financial Institutions toward a Centralized Tax Solution

Financial institutions are moving toward a centralized tax solution, but why? There are five major drivers.

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Sovos TIR for Netsuite

Datasheet With the growing complexity of the 1099 reporting space NetSuite has decided to trust independent software vendors, such as Sovos, to support organizations throughout the 1099 reporting process. As of NetSuite version 18.2, NetSuite will discontinue supporting 1099 reporting functionality. Sovos has created a bundle within NetSuite that offers 1099 reporting capabilities. NetSuite will […]

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The Dark Web: A Primer for Tax Reporting Professionals

Take a journey through the dark web and learn how to get to it, who is on it, what is available on it, how it works and how to keep your tax reporting information off of it. 

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It’s Time to Prepare Your SAP Solutions for the Digital Future of Tax

Technology has transformed your business and your products, and it’s about to change your ERP. But, it’s also transforming tax, and it could have a significant impact on your plans for S/4HANA. Sovos keeps you ahead by offering the first complete solution for modern tax. And with more than two decades of experience with SAP, […]

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Sovos S1: Delivering Modern Tax Software

The Sovos Intelligent Compliance Cloud sits on a unique cloud software platform that is built to bring previously disparate tax solutions and data together for use wherever your business operates—through a single platform. The S1 architecture allows Sovos to do the hard work for you, adapting to changes in technology requirements and government regulations – […]

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The Sovos Tax Information Reporting Solution

Sovos U.S. Tax Information Reporting is a centralized solution that serves as your compliance headquarters. It handles the complete compliance process of millions of forms. It proactively validates your data accuracy. It reacts to IRS changes almost instantaneously. It doesn’t even require installation or updates from your IT team. Most important of all, Sovos is […]

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Financial Institutions Struggle with New IRS Reporting Rules

Cheryl Riedlinger, tax counsel with The Tax Reporting Group, recently spoke with Sovos about issues affecting tax reporting at financial institutions. In this white paper, we delve into her perspectives on reporting trends.

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Aberdeen Report Reveals Pitfalls and Concerns with FATCA and CRS

A report from Aberdeen Group reveals that early FATCA filings didn’t exactly go as planned and details what financial professionals’ main concerns are about CRS and other compliance policies.

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First UK CRS Filing: Why Existing Processes Weren’t Good Enough for Many FIs

The first CRS filing in the UK was more difficult than many tax professionals at financial institutions anticipated. FIs will need to radically rethink processes to prepare for the next one.

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Sovos Corporate Best Practices Report

This report highlights the trends and best practices within the tax information reporting and compliance industry, specifically for corporate (non-financial) organizations. As the landscape of tax information reporting continues to expand with new regulatory requirements, as well as increased complexity of existing obligations, organizations are facing new and long-standing challenges to maintain compliance. This report covers these challenges and the best practices that businesses are implementing to simplify their processes and improve compliance.

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