Take Control of Your Tax Information & 1099 Reporting

New IDC Infobrief on 1099 Compliance & Tax Withholding Management for Tech, Gig & MLM Organizations

Protect your company from the risks of expensive penalties and inefficiencies with a centralized solution that serves as your compliance headquarters.

The ways in which people earn income and invest it are changing. That shift is happening in an increasingly complex tax compliance environment. Regulators, focused on capturing revenue to help communities prosper, want more detailed tax data from businesses, and they want it faster.

You need to adapt — both to reduce the friction of tax information reporting and to meet market demands. Manual and outdated reporting processes don’t help.

Financial advisor meeting with two businesswomen

Minimize cost, save time and ensure compliance.

Improve operational efficiency through automation and centralization of manual and/or disparate TIR processes, freeing up time for dedicated resources to focus on business-critical responsibilities and simplifying processes across all lines of businesses and regions.

Enhance customer experience by enabling a single point of access for all customers, resulting in reduced call volumes and increased speed of resolution.

certificate of label approval

Maintain compliance with a fully compliant solution backed by more than 50 regulatory analysts monitoring the regulatory environment daily.

Turn weeks of work into hours with accelerated data upload speeds of up to 120,000 records per minute.

Mitigate risk of audits and penalties by eliminating manual or slow, reactive processes.

Reduce IT and compliance involvement with a nimble solution that absorbs business and regulatory changes as they occur.

Bolster audit defense with complete and transparent audit trails.

Make reprints and corrections a breeze with up to 10 years of prior tax information easily accessible.

Real-time TIN matching

Eliminate the cost of B & P notices (CP2100 and 972CG) and cut the hours you spend sending solicitations by matching TINs beforehand in real time.

Accelerated data upload

Turn weeks of work into hours with data upload speeds of up to 120,000 records per minute.

Painless printing & mailing

Print and mail forms with a click while taking advantage of our negotiated print rates, National Change of Address check and increased security with TIN masking.

Straightforward withholding

Effortlessly track remittances and manage the withholding process. Never again manually track payments or match general ledger data line-by-line against transaction-level data or tax detail forms.

Effortless e-statements

Do away with printing and mailing costs, and give your customers and vendors direct access to their statements.

Easy data access

Make reprints and corrections a breeze with up to 10 years of prior tax information at your fingertips.

Simplified federal and state reporting

Your forms and filings are always accurate, with a solution that automatically adapts to state and federal changes as they occur.

Universal form support

Quickly and easily file every required form, including 1042-S, 1098, 1099, 3921, 3922, 5498, W-2, W-4P, and W-9, as well as direct-to-state, Puerto Rico, Canada and Quebec form types.

Customers

Microsoft logo
Nationwide Logo
State Street Logo
Cities and Villages Mutual Insurance Company Logo

Related content

No results found.

“At the end of the tax season, you simply click a button in Sovos TIR, and the IRS electronic filing is done. We no longer have to worry about getting onto the IRS site.”

Karen Groff

Vice President and Assistant Treasurer, Donegal Insurance Group

Back view of a relaxed family watching TV on sofa in the living room