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.
Popular posts
What is SAP Clean Core and What Does that Mean for Tax? Part I
September 6, 2024
Why the Market is Ready for the Sovos Compliance Cloud
February 20, 2024
Real-time Knowledge Center
The latest insights on tax compliance and government reporting from around the world.
Unclaimed Property
Supreme Court Petition Challenges State Unclaimed Property Laws: Peters v. Cohen
Supreme Court Peters v. Cohen: Major Unclaimed Property Case By Freda Pepper, General Counsel, Unclaimed Property Sovos regulatory team is tracking the latest Supreme Court
August 5, 2025
Unclaimed Property
NAUPA III File Format: What Compliance Teams Need to Know
The National Association of Unclaimed Property Administrators (NAUPA) has approved a major update to their electronic reporting standards with the introduction of the NAUPA III
August 5, 2025
Slovakia Publishes Draft Legislation on E-invoicing and E-reporting for Public Consultation
Slovakia published draft legislation amending the VAT Act (Act No. 222/2004 Coll.) to transpose Council Directive on VAT in the Digital Age. The draft law
August 11, 2025
Alabama to Exempt Baby Items and Menstrual Hygiene Products
Effective September 1, Alabama will exempt qualifying baby supplies, baby formula, maternity clothing, and menstrual hygiene products from state sales and use tax. Further details
August 11, 2025
Missouri Exempts Diapers, Feminine Hygiene Products, and Incontinence Products
The Missouri legislature passed HB 594, creating an exemption for diapers, feminine hygiene products and incontinence products. The exemption is set to begin on August
August 8, 2025
ShipCompliant
Legal Considerations for Hemp-Derived Beverages in a Rapidly Evolving Market
The swift growth of hemp-derived CBD and THC beverages has introduced a wave of innovation to the beverage industry, along with a fair amount of
VAT & Fiscal Reporting
ViDA E-Invoicing and Digital Reporting Requirements: What Businesses Need to Know
VAT in the Digital Age (ViDA) is one of the most significant regulation changes to EU VAT in recent years. Changes to requirements became effective
E-Invoicing Compliance
SOVOS + KPMG Blog Series: Part 2
Regional Approaches To e-Invoicing: A World Tour For U.S. Multinationals By Paula Smith, Managing Director, Indirect Tax Technology Practice, KPMG LLP; Lauren Tallman, Global Invoicing