ATLANTA – February 11, 2025 – Sovos, the always-on compliance company, today announced that key components of its Indirect Tax Suite have been individually certified by
Do you make payments to non-U.S. persons? Join our webinar to learn when and how to file Form 1042 and 1042-S, plus tips for preparing
On January 31, resolution No. 000003-2025-SUNAT/700000 was published. With this resolution, the application of the discretionary power regulated in the Resolution of the Deputy National Superintendence of
Nebraska recently released the 2025 Circular EN (Nebraska Income Tax Withholding on Wages, Pensions and Annuities, and Gambling Winnings Paid on or after January 1,
Illinois recently updated Publication 110 (Forms W-2, W-2c, W-2G, and 1099 Filing and Storage Requirements for Employers and Payers, including 1099-K Electronic Filing Requirements). There
Hawaii recently updated Form HW-30 (Employer’s Annual Transmittal of Hawaii Income Tax Withheld from Wages) and the instructions. HW-30 is used for paper filing HW-2
Reporting digital asset transactions on Form 1099-DA just got a little more complicated. For 2025 transactions, crypto brokers that file Form 1099-DA with the IRS
Because Form 1042-S encompasses all payments made to non-US recipients and has 429 applicable codes, it’s considered one of the most complex tax forms to
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have finalized regulations under Internal Revenue Code § 6045, extending information-reporting obligations to
The IRS recently released the 2025 Form 5498-ESA (Coverdell ESA Contribution Information). The changes to this version are minimal: the tax year has been updated
The IRS recently released the 2025 Form 5498-SA (HSA, Archer MSA, or Medicare Advantage MSA Information). The changes to this version are minimal, with the
The IRS recently released the 2025 Form 5498 (IRS Contribution Information). Among the changes to the form, the tax year has been updated throughout the
Michigan recently updated Form 447 (Transmittal for Magnetic Media Reporting of W-2s, W-2Gs and 1099s) and its payroll service provider webpage. Michigan plans to introduce
The IRS recently released the 2025 Form W-2 (Wage and Tax Statement). The form itself is relatively unchanged, aside from the tax year and OMB
Idaho recently released the 2024 W-2 E-Filing Guide and 2024 Information Return 1099 E-Filing Guide. Among the changes to this version, the tax year and
Minnesota recently updated Fact Sheet 2 (Submitting Form W-2 Information) and Fact Sheet 2A (Submitting Form 1099 Information) for TY 2024 reporting. The tax year
The District of Columbia (DC) recently released the 2024 Specifications for Electronic Filing of Forms W-2/W-2C. Under What’s New, the guide lists the changes made
With the tax reporting season now in full swing, we wanted to send out some last-minute updates and key reminders for tax year 2024. From