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
DtC Beer Shipping in 2026: Trends, Demand and Market Outlook
The story of direct-to-consumer beer shipping in 2026 reveals a familiar but contradictory reality: consumer demand and spending intent remain strong, yet regulatory progress continues to lag behind.
March 25, 2026
ShipCompliant
High-Priced Wines Garner Bigger Slice of DtC Shipments
By Andrew Adams, Editor, WineBusiness Analytics The pandemic surge in DtC wine shipments temporarily obscured a structural change that is now hard to ignore. The story is told
March 17, 2026
Spain Adopts Mandatory B2B E-Invoicing Royal Decree
On 24 March 2026, Spain’s Council of Ministers adopted the Royal Decree mandating electronic invoicing for domestic B2B transactions between companies and professionals. The decree
March 25, 2026
Oman: Tax Authority announces the launch of the first release of the Fawtara platform
The Oman Tax Authority (OTA) has officially launched the first release of the Fawtara platform, introducing the Service Provider Registration feature. This release was already
March 17, 2026
Norway: Mandatory B2B E-Invoicing and Digital Bookkeeping Legislative Proposal Underway
Norway’s Ministry of Finance has announced that it will shortly present a bill to parliament proposing mandatory B2B e-invoicing and digital bookkeeping requirements. The announcement,
March 17, 2026
Sales & Use Tax
Eliminating State Income Tax: Promise or Peril?
Should states eliminate their corporate and personal income taxes and replace them with a broad-based sales tax applied at a modest rate? The White House Council of Economic Advisers says absolutely yes. In a
ShipCompliant
DtC Report Spotlight: What Set Napa DtC Wine Shipping Apart in a Down Year
Key highlights: Napa DtC wine shipping eked out an overperformance of the DtC wine shipping channel, which saw nearly universal declines Average bottle price (ABP)
Sales & Use Tax
Illinois Sales Tax Guide
Illinois imposes a statewide sales and use tax rate of 6.25%. The state does allow local jurisdictions to levy additional sales taxes; cities, counties, and