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Think your tax data is audit-ready? Government agencies might know more about your transactions than you do. Take the quiz to find out if your data can stand up to real-time scrutiny.
80% of companies say tax risk is higher now than it was five years ago. For hotels and restaurants, the complexity is staggering, 12,000 U.S. tax jurisdictions and 600+ sales tax rate changes in 2024 alone. Kevin Akeroyd shares how hospitality businesses can stay ahead of real-time reporting and compliance mandates in Hospitality Technology.
Sovos processed taxes on 300+ million items during Black Friday and Cyber Monday while maintaining 100% uptime. When the stakes are high, reliability matters. Learn how Sovos keeps businesses moving when it matters most. #BlackFriday #CyberMonday #SalesTax #TaxCompliance
#BlackFriday and #CyberMonday set new eCommerce records this year, and Sovos ensured accurate tax calculations for every transaction. With advanced technology and seamless scalability, we helped retailers deliver exceptional customer experiences during the biggest shopping days of the year.
#GivingTuesday is a reminder that generosity knows no borders. This year, we supported organizations that are making a meaningful impact, including WorldWildlife Federation, Frimley Park Hospital, Waltham Fields Community Farm, Cuchu and Hope Atlanta. We’ll be sharing posts from our leadership team highlighting the causes they’re passionate about. We invite you to join us in giving back and supporting these incredible organizations. #LifeAtSovos
With the U.S. Mint ceasing penny production, retailers face new challenges in cash transactions and compliance. The implications go far beyond making change. Charles Maniace's latest blog breaks down what this means for your business and how to prepare for a penniless future. #RetailCompliance #TaxCompliance #SalesTax #RetailStrategy
Governments are placing the burden on you to prove any discrepancies in the amount of tax that’s owed. Take our quiz to determine if your organization will be able to withstand this level of scrutiny into your tax compliance data.
Governments are placing the burden on you to prove any discrepancies in the amount of tax that’s owed. Take our quiz to determine if your organization will be able to withstand this level of scrutiny into your tax compliance data.
#DYK The United States has the highest number of independent tax jurisdictions of any country in the world? Discover how compliance challenges vary across borders at stateoftax.com #StateOfTaxBySovos #SalesTax #TaxCompliance #TaxJurisdictions
Real-time reporting and advanced data collection mean regulators often have better visibility into your transactional data than your own systems. Can your organization withstand this level of scrutiny? Take our quick quiz to assess your tax data strategy and discover practical steps to stay ahead.