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.
Sales & Use Tax
Alaska Sales Tax Guide
The State of Alaska sales tax system is unique compared to other U.S. states. Alaska does not impose a statewide sales and use tax, making
December 22, 2025
Sales & Use Tax
Connecticut Sales Tax Guide
Understanding sales tax in Connecticut, including who must collect it, what’s taxable, and how to file, is essential for staying compliant—especially as rules evolve. This
December 22, 2025
New Mexico Updates FYI-330 (Income and Withholding Information Returns and Filing Methods)
The New Mexico Taxation and Revenue Department has released FYI-330, updating guidance on income and withholding information returns and filing methods. Beginning January 1, 2026,
December 23, 2025
IRS Revises Form 8809 (Application for Extension of Time To File Information Returns)
The IRS has updated Form 8809, used to request filing extensions for information returns including Forms W-2, 1099, 1042-S, and 1095. The most notable update
December 23, 2025
IRS Releases Publication 4163 for Processing Year 2026
The IRS has released Publication 4163 (Rev. 12-2025) for Modernized e-File (MeF) business returns processed in 2026. This publication outlines electronic filing requirements and guidance
December 23, 2025
Sales & Use Tax
District of Columbia Sales Tax Guide
The District of Columbia (D.C.) imposes a statewide sales and use tax rate of 6%. Unlike other states, local jurisdictions cannot levy additional taxes, which
E-Invoicing Compliance
Sovos registered as an Approved Platform (PA) in France
Sovos has been officially registered as an accredited Plateforme Agréée (PA) by the French Tax Authority (DGFIP), marking a significant milestone in supporting France’s upcoming
ShipCompliant
Can Importers Ship DtC? What the Law Actually Allows
Can Alcohol Importers Legally Ship Direct-to-Consumer? The beverage alcohol industry operates under complex rules, which vary by state. While importers are part of the “supplier”