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The California State Controller’s Office will soon launch a new holder outreach campaign to spotlight the Voluntary Compliance Program (VCP) — giving companies the chance to report past-due unclaimed property without paying interest penalties. 📬 The first wave of 4,000 letters is expected to go out mid-to-late November 2025, targeting the largest potential holders, with additional rounds continuing through 2026. 💡 Why it matters: The VCP’s interest waiver can help organizations: ✅ Catch up on missed reports ✅ Reduce historical exposure ✅ Achieve full compliance faster Sovos’ Unclaimed Property Consulting team helps organizations take advantage of California’s VCP by: 🔹 Confirming eligibility and guiding enrollment 🔹 Assessing historical risk 🔹 Preparing and filing reports accurately and efficiently Get ahead of California’s outreach. Our experts can help you turn this opportunity into a compliance win. 👉 Learn more: #UnclaimedProperty #CaliforniaVCP #ComplianceUpdate #VoluntaryCompliance #UPReporting #RegulatoryUpdate
Tax data is complex. But with AI-powered conversational analytics, clarity is just a question away. Meet Sovos Intelligence: #TaxData #ConversationalAnalytics #AIPowered #SovosIntelligence #TaxTechnology #TaxSolutions
Tax compliance isn't a quarterly task anymore, it's real-time, global and always-on. Governments worldwide are investing billions in digital infrastructure, and businesses that treat compliance as an afterthought are falling behind. In Forbes, Sovos CEO Kevin Akeroyd explains why the compliant enterprise is the future and what it takes to build one.
VAT rate changes are shifting in key EMEA markets. If your business operates in EMEA, now is the time to review your compliance strategy. 📖 Explore more insights from the State of Tax 2025 report: #StateOfTaxBySovos #EMEA #GlobalTax
We’ve expanded Sovi AI to automate product tax code classification and data mapping, two of the most manual, error-prone processes in tax compliance. Whether you're onboarding new products or adapting to regulatory changes, Sovi AI helps you move faster and smarter. Learn more:
Last week at Sage Future for Partners, we announced our strategic partnership to embed intelligent e-invoicing and tax automation directly into Sage products. ✅ Reduced compliance costs ✅ Faster billing & payments ✅ Lower risk exposure ✅ Seamless global compliance Together, we're helping SMBs meet country-specific mandates as they evolve around the world. Learn more: #EInvoicing #TaxAutomation #SMBCompliance #GlobalBusiness #PartnershipAnnouncement #ComplianceSolutions
SMBs shouldn't have to navigate compliance alone. That's why we're joining forces with Sage to embed intelligent e-invoicing and tax automation directly into Sage business applications. 📉 Less manual effort. 📈 More accuracy, faster payment cycles and lower risk. Together, we’re simplifying compliance and helping SMBs stay ahead of global regulations without the stress. Learn more:
How does FinCEN’s new TIN rule impact TIN matching and tax compliance? Wendy Walker, Natalie L. and Jessalyn Dean break down the risks, regulatory gaps and what financial institutions must do to ensure accurate reporting in our latest podcast. 🎧Listen here:
🌍 It’s here! Our FY2025 Sustainability Report is now live. From carbon reduction milestones to community impact initiatives, this year’s report showcases how we’re turning bold commitments into measurable progress. 📊🌱 #Sustainability #ESG #CorporateResponsibility #AI #ClimateAction #Inclusion
AI is rewriting the rules of software development, and the old ways of ensuring security and compliance aren't keeping up. Peter Gaffney, CISO at Sovos, breaks down what effective AI adoption really looks like in The AI Journal.
