Conquer 1099 Reporting Challenges with Sovos’ TIR - Corporate

Maintain compliance and peace of mind with Sovos’ 1099 reporting solution

As tax reporting requirements continue to become more complex, now is the time to invest in TIR – Corporate, Sovos’ easy-to-use tax information reporting software. Save time, resources and stress while staying compliant. 

Tax Information Reporting Software

Stay Compliant with TIR - Corporate

Regulatory requirements are everchanging at both the federal and state levels. With business events such as growth, acquisitions, mergers, geographical expansion, new products, and more it can be a complex and time-consuming process to keep up. As these requirements become more complex, the strain on employees can be time consuming and never-ending.

Ensure compliance and reduce the strain on your tax, finance, AP, IT, and compliance departments. Sovos solutions are built to solve the complexities of changing regulations. Our solutions offer complete solutions for all businesses.

What to Expect from TIR – Corporate

Time savings

Our innovative and automated system ensures your employees can focus on other top business priorities.   

Compliance

Sovos’ easy-to-use solution eliminates the worry of changing regulations. 

Mitigate risk

Move from manual to automated 1099 processes, lowering the risk of audits and penalties.  Our  Bulk TIN-Check can also mitigate fraud within your company. 

State reporting

Sovos handles all 1099-NEC state reporting details.  

Print services

Utilize a simplified and streamlined system, where all envelopes are run through the National Change of Address database, ensuring accuracy and fewer returned pieces of mail.  

Customer service

On our customer service team is always there to assist you throughout your reporting process.   

Always-on reliability

Benefit from reliable data security that has enhanced performance capabilities.  

A scalable solution

Expand to other tax compliance software as you grow and your business needs evolve.  

TIR - Corporate FAQ

TIR – Corporate allows easy import of your data and runs data validations to ensure your vendor information is accurate. The solution includes Bulk TIN checks, and Real-Time TIN validations to check your vendor information against Name and TIN mismatches, Death Master File (DMF), and Office of Foreign Asset Control (OFAC). TIR – Corporate includes printing and mailing of all forms which is handled by Sovos’ print services team. You can transmit electronically to the IRS within the solution. TIR – Corporate was designed with the user in mind, so our goal is to save you time and money while improving operational efficiency and maintaining compliance.

Additional services include: Withholding services to track your remittances and state reporting withholding requirements so you don’t have to. eStatements will reduce your operational cost that comes with print and mail as well as ensuring a secure delivery. 1099-NEC direct state reporting handled by a Sovos service representative.

TIR – Corporate supports the Combined Federal/State Filing (CF/SF) program but does not include direct state reporting. However, Sovos offers a 1099-NEC direct state reporting service for an additional charge if needed. This service takes the burden of processing and staying compliant with state obligations off of your plate with a Managed Services representative doing this process on your behalf.

Implementation does not require any lift from your IT team. We simply send you an email with a link for you to create credentials and log into your new product. Once you are logged in, you’ll have access to training videos so you can re-familiarize yourself with TIR – Corporate.

TIR – Corporate hosts training videos and a detailed user guide with step-by-step navigation through the solution and helps answer common user questions.

Get in touch with a Sovos account executive

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Tax Information Reporting Resources

1099-NEC State Reporting Offering

TIR - Corporate Brochure