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Direct state reporting for 1099s is a complex space. The state charts in this guide show the filing requirement and deadline for each state’s direct reporting requirements.

As of tax year 2022, over 40 states require direct reporting of one or more series 1099 forms. Do you know the rules and regulations to maintain direct reporting compliance?

Recognizing that your core banking solution is creating more work than its solving is never a pleasant experience. What’s worse is compounding the problem by not making a change.

Month-by-month checklist Tax Information Reporting: A Year-Round Process Many organizations tend to concentrate on tax information reporting in the beginning of the calendar year to meet filing deadlines. However, splitting these tasks up into parts of a year-round process minimizes risk of error and ensures that your organization experiences a smooth reporting experience when filing […]

Download the white paper to learn what you need to know about reporting nonemployee compensation.

State reporting requirements for 1099-NEC and 1099-MISC forms are growing increasingly complicated. Whether your business is undergoing mergers and acquisitions, working to keep pace with regulatory change or is just experiencing growth, knowing the basics of state reporting is crucial to maintaining compliance.

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.”

Download this white paper to learn some of the most common issues organizations face during year-end 1099 reporting, along with best practices to help your business avoid them.

Tax and accounting professionals managing 1099 reporting will need help this tax season. Here’s why.

The Comprehensive Guide to Understanding and Complying with IRS TIN Matching Requirements

This year the IRS is introducing Form 1099-NEC for nonemployee compensation. As this change will impact organizations of every type and size, we have assembled a list of the five things you absolutely need to know about Form 1099-NEC.

Automate your Statutory Reporting Obligations with Sovos Insurance Statutory Compliance

IDG interviews Sovos VP of Strategy, Cristiaan van der Valk, about why tighter alignment between Tax & IT makes sense.

Better conversations reduce risk, uncover opportunities and solve problems.

Sovos and CryptoTrader.Tax give concise and clear analysis of emerging guidance on tax reporting challenges and solutions for exchanges and traders.

Sovos helped thousands of insurers ease the burden and risk of modern tax and regulatory 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.

State reporting requirements vary drastically from state to state and are constantly changing. Get the complete guide to one of the most complex and time-consuming tax reporting obligations for your business.