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.
In the Gartner 2021 CIO Agenda: A U.S. Perspective, “respondents in the U.S. report digital business acceleration in the face of COVID-19 and an increased opportunity for business redesign. Despite being global pace setters, U.S. CIOs have a lot of opportunity to leverage digital innovations for value creation.”
This report created by IDC explains why tax agencies are focusing on these specific organizational models, how to comply with evolving tax regulations, and the top solution providers for your organization to partner with to ensure compliance.
Because the IRS is underpaid by nearly half a trillion dollars per year, they are taking swift action to reclaim those tax dollars. This could mean steep penalties for your business if you fail to meet the latest regulations. See the infographic below for more facts about enforcement.