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Exciting News! Sovos has been named a Leader in the IDC MarketScape: Worldwide Value-Added Tax Management Applications 2024 Vendor Assessment 🌍 What sets us apart? ✅ Industry-leading VAT functionality ✅ Global expertise with localized support ✅ Powerful cloud platform integration Our commitment to innovation and excellence in compliance ensures businesses worldwide stay ahead of tax challenges. Learn more about why IDC recognized Sovos in the report:
Check out our interactive Direct State 1099 Reporting map! With changes happening annually for individual states and form types, this resource can help anyone quickly understand filing requirements and deadlines. Just click on your state of interest to find what you need to do to stay compliant. Explore the map here:
Tax technology innovation isn’t optional for SAP customers—it’s essential. Download our latest eBook to learn how a tax technologist can be the key to driving compliance and efficiency.
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Sovos' Wendy Walker was recently featured in a CNN Business article discussing the updated 1099-K reporting requirements. These changes are especially challenging for freelancers and small businesses, who may face added complexity in income reporting. Check out the full article for her insights:
The future of VAT compliance is here—and Sovos is leading the way! Dive into the IDC MarketScape: Worldwide Value-Added Tax Management Applications 2024 Vendor Assessment report to explore how Sovos can help your business tackle the complexities of #eInvoicing in Europe. Download the report now:
Sales tax update in Vail, Colorado: effective January 1, 2025, essential hygiene items, including period products and diapers, will be exempt from sales tax. Regulatory changes like this happen all the time on local, state and federal levels and it can be hard to keep track of--- but that’s why we’re here. At Sovos, our experts are always on the lookout for regulatory changes at every level, so you don’t have to. For more updates visit our Regulatory Analysis page:
Exciting news! We are thrilled to welcome David Woodworth as our new Chief Financial Officer and Swati Garodia as our new Chief Product Officer. Their leadership and expertise signal an exciting new chapter for Sovos. With their guidance, we’re ready to drive innovation and growth, delivering even greater value to our customers. Hear their insights and learn more in the press release:
One of the core concepts in #SalesTax compliance is also one of the most frequently misunderstood: the differences between sales tax and use tax. Read Charles Maniace's blog where he breaks down each tax type:
A tax engine integrated with your SAP platform reduces manual processes, cuts maintenance costs and keeps your business audit-ready. Learn more in our eBook:
