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
Massachusetts Candy Sales Tax: Sin Tax or Revenue Generator?
Earlier this year, Massachusetts Governor Maura Healy revealed her Fiscal Year 2026 budget proposal calling for $59.6 billion in total spending—a 2.6% increase from FY25.
April 2, 2025
ShipCompliant
Beyond Beer: Legal Steps to Expanding Alcohol Production
Believe it or not, there’s more to life than beer. There’s wine, spirits, cider, kombucha, hard seltzers—even non-alcoholic products. But just because a brewery has
March 31, 2025
Greece: Mandatory E-transport Deadlines Postponed Once Again
The Greek Ministry of Economy and Finance and the Independent Authority for Public Revenue (IAPR) have announced a further postponement of the deadlines for the
April 2, 2025
Angola: new invoicing legislation adopted
As shared earlier, Angola was drafting legislation to introduce mandatory invoicing through certified software alongside an electronic invoicing mandate for taxpayers under the General and
March 28, 2025
Colorado Vehicle Daily Rental Fee Increase Effective July 2025
Colorado imposes a Daily Vehicle Rental Fee on motor vehicle rentals 30 days or less and certain car sharing rentals. The rate may adjust for
March 28, 2025
ShipCompliant
The Case for DtC Beer Shipping Reform: Key Takeaways from the 2025 Report
Craft beer drinkers want more choices. Brewers want more opportunities. And yet, legal barriers still stand in the way of direct-to-consumer (DtC) beer shipping. The
ShipCompliant
From Decline to Opportunity: Lessons from the 2024 DtC Market
The 2025 Direct-to-Consumer Wine Shipping Report offers more than just data—it provides valuable insights into the trends shaping the industry and the factors driving change.
ShipCompliant
Mississippi Opens the Door to Direct-to-Consumer Wine Shipping
In a shockingly quick turn of events, the Mississippi governor has signed a bill that will enable the direct-to-consumer (DtC) shipping of wine, making it