Tax Compliance
What is Supplementary Law 214: the legal framework of the new Tax Reform
Supplementary Law 214, enacted in January of that year, consolidates one of the most important steps in the Brazilian Tax Reform.
Solution: Tax Compliance
Noticias / Blog
Technology at the center of the Tax Reform
Technology at the center of the Tax Reform. Check out more about it and stay up to date with updates. | Read more here
Global Tax Determination
Sovos’ BTP-based e-Transformation Solution Now Available from SAP® Store
Sovos has announced the launch of its next-generation e-transformation “Sovos Compliance Network Turkey for SAP BTP” solution, which is fully aligned with SAP’s “Clean Core”
Alabama Overtime Exemption Ends June 30, 2025
Alabama’s 2025 legislative session ended without extending the overtime exemption from income tax. The overtime exemption expires on June 30, 2025. Overtime compensation paid on
Utah Expands 1099-K Reporting Requirements with HB 60
On March 25, 2025, Governor Spencer Cox signed Utah House Bill 60 (HB 60) into law, significantly expanding the state’s 1099-K reporting requirements. HB 60
Events
SAPinsider Europe Super Summit
Whether you’re planning your move to SAP S/4HANA or optimizing an existing deployment, this summit will help you go beyond migration to drive true enterprise transformation.
Tax Compliance
Brazil’s Tax Revolution: Eight Years of Drastic Change Ahead
Brazil is embarking on its most comprehensive tax transformation in decades with the approval of the Reforma Tributária in January 2025
IRS Updates Instructions for Form 1099-R/5498
The IRS recently updated Instructions for Form 1099-R/5498 for tax year 2025. Form 1099-R is used to report distributions of $10 or more from retirement
Value Added Tax
Optimize your operation with a Technical Account Manager
In this webinar, you’ll learn about the strategic role of this key ally in optimizing processes, aligning teams, and boosting productivity with a focus on
Tax Compliance
The Changing Indirect Tax Landscape: How Finance Leaders Are Adapting
We recently partnered with StudioID on a global survey of 150 finance leaders to reveal significant insights into how companies are navigating the increasingly complex
Tax Compliance
Mirror Visibility™: The Future of Indirect Tax Compliance
We recently conducted a comprehensive survey of 150 finance leaders in partnership with studioID that sheds light on emerging strategies for managing tax compliance in
New York Updates NYS-45 (Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return) and Instructions
New York recently released the new and improved version of NYS-45 (Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return). The updated form must be
1099
The Future of Indirect Tax Trends Report | Sovos
The IRS’s final regulations on digital asset reporting mark a turning point in how crypto brokers, digital asset platforms and taxpayers report transactions.
Tax Compliance
What will be the impacts of the Tax Reform on technology and how should your company prepare?
In this edition, the focus was on the impacts of tax reform on technology and on how companies can adapt. | Read more here.
Noticias / Blog
Main Tax Reform challenges for companies
There are many challenges of the Tax Reform for companies and they will have to adapt to a specific implementation schedule.
Kentucky Releases 2025 Withholding Updates
The Kentucky Department of Revenue recently updated its withholding resources to reflect several notable changes for 2025. Most significantly, a new online system has been
The IRS Updates Form 1099-MISC
The IRS recently released an updated version of Form 1099-MISC, which is used to report a multitude of payment types including rents, royalties, attorney payments,
Events
7th Annual VAT Management Summit
We are thrilled to announce that Sovos will be Diamond Sponsors at the 7th Annual VAT Management Summit in London. The event brings together leading experts and professionals to discuss the latest trends, regulatory updates, and best practices in VAT compliance, indirect tax management and the global digital transformation of tax.