Sovos Annual Tax Compliance Trends Report
Discover the top 2025 tax trends reshaping compliance. Learn how AI, real-time data, and new mandates are transforming tax into a strategic advantage.
December 20, 2024
Knowledge Center
Get the latest insights on tax compliance and government reporting.
Featured content
A Guide to Navigating 1099-DA Compliance
The IRS’s final regulations on digital asset reporting mark a turning point in how crypto brokers, digital asset platforms and taxpayers report transactions. With authorities expecting to process over 8 billion 1099-DA forms annually, organizations must ensure they have a structured and scalable tax compliance strategy in place.
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Real-time Knowledge Center
The latest insights on tax compliance and government reporting from around the world.
ShipCompliant
Looking Back at 2025 and 20 Years of DtC Wine Shipping Compliance
Key Highlights Three states—Arkansas, Mississippi, and Delaware—passed new DtC wine shipping laws. Maine extended its container redemption program to DtC shipments. California introduced a Granholm-compliant
December 12, 2025
Sales & Use Tax
Indiana Sales Tax Guide
Indiana imposes a statewide sales and use tax rate of 7%. The state does not allow local jurisdictions to levy additional sales taxes. Keeping track
December 12, 2025
Spain: Further Postponement of VERI*FACTU Deadlines Officially Approved
Under the approved amendments, the new compliance deadlines are as follows: 1 January 2027: Mandatory compliance for taxpayers subject to Corporate Income Tax (Impuesto sobre
December 12, 2025
Kansas Releases Custom 1099-DA Format for Electronic Filing
Kansas re-released its K-99CSV specifications with a 1099-DA format, making it the first state to post custom 1099-DA (digital asset transactions) electronic filing specifications for
December 12, 2025
Maine to Adopt IRIS Format for 1099 Starting Tax Year 2026 / Filing Season 2027
Maine Revenue Services has finalized its electronic file specifications for tax year 2025 Forms 1099 and W-2G information returns. MRS expects to conform with the
December 12, 2025
Sales & Use Tax
Pennsylvania Sales Tax Guide
Pennsylvania imposes a statewide sales and use tax rate of 6%. The state allows local jurisdictions to levy additional sales taxes (specifically Allegheny County and
Sales & Use Tax
Idaho Sales Tax Guide
The Idaho state sales tax rate is 6%. The state allows local jurisdictions to levy additional sales taxes. What’s Taxable in Idaho? Idaho sales and
ShipCompliant
California DtC Spirits Shipping: What Producers Need to Know
Effective January 2026, California is fully opening its doors to direct-to-consumer (DtC) shipping of distilled spirits. Until recently, only distillers located within California were permitted