Introducing the Sovos Compliance Cloud – the industry’s first unified solution for tax and regulatory reporting.
Learn how it transforms fragmented processes into a streamlined compliance powerhouse here:
#SovosComplianceCloud
By acquiring Foriba, we'll enhance our ability to safeguard customers as countries around the world adopt
#eInvoicing
,
#eArchiving
and
#eReceipt
regulations for B2B and B2C transactions. Learn more
With murky guidance from the IRS, it's up to
#crypto
exchanges to protect their users. Today,
@BinanceUS
has selected Sovos for its tax information reporting needs. Learn more:
With the acquisition of the digital enablement business of Chile-based Acepta, Sovos deepens its continuous transaction controls compliance offerings and advances its mission to Solve Tax for Good. Read more:
#tax
#compliance
Check out what Fortune Term Sheet had to say about our intention to acquire Istanbul-based
#einvoicing
and
#VAT
compliance leader, Foriba, here
#SolveTaxForGood
Today,
@SovosCompliance
announced its acquisition of Booke Seminars to propel its growth as a leading provider of statutory reporting solutions and educational services for U.S.-based insurers. Details:
Today we announced the acquisition of LTtax, creating a single source for withholding management, a particularly critical need for the many large life insurance & annuity companies we serve.
#SolveTaxforGood
With the intent to acquire Istanbul-based Foriba, we’ll significantly expand our already global e-invoicing compliance, e-archiving, e-receipts and VAT reporting coverage. Learn more about the acquisition here
We believe in frictionless commerce where businesses grow and communities thrive. That's why we'll be announcing something big at
#SAPPHIRENOW
. Stop by booth
#1326
to learn more.
#ASUG2018
#UnclaimedProperty
laws vary from state to state and can have expensive consequences if banks don't follow the rules. Solutions Principal,
@BKbutterbaugh
, shares with
@BankingJournal
why UP laws should be included in every M&A checklist:
Today, we announced
@HgCapital
and
@TAAssociates
will invest in the next stage of Sovos' growth. Learn how this news fuels our mission to Solve
#Tax
for Good for customers around the world.
Our very own Charles Maniace was named in
@AccountingToday
’s Top 100 People in Accounting List for the third consecutive year. Congratulations to all of the industry leaders recognized.
Washington may soon become the first state to issue guidelines on
#NFTs
. Our VP of regulatory analysis, Charles Maniace, sat down with
@Tax
to discuss how state sales taxes might apply to these
#DigitalAssets
Sales tax on NFTs is real... “I strongly suspect that most companies selling NFTs or marketplacing NFTs don’t believe—or even contemplate—state sales tax might apply to their transactions,” said Charles Maniace, vp
@SovosCompliance
Happy International Women's Day! We're hosting a panel today featuring some of our women in leadership around the world.Together, we aim to create a workplace free of bias, stereotypes and discrimination.
#BreakTheBias
With our intent to acquire two more tax compliance leaders - Istanbul-based
@ForibaEN
and Iowa-based
@ETM_Tweets
, we're strengthening our position as the leading global solution for
#moderntax
.
With today's acquisitions of Portugal-based PetaPilot & Saphety, alongside existing capabilities, Sovos delivers complete
#VAT
, SAF-T & B2G
#compliance
for customers operating in Portugal, with global applications.
The M&A market is at an all time high. So, how do acquisitions affect the careers of
#IT
workers? Our Chief Talent Officer Colleen Schlagel gives advice via
@ComputerWorld
.
In our fourth acquisition this year, Sovos today announced it has acquired Keane’s unclaimed property consulting services. It's estimated as many as 80% of companies are out of compliance in the area. Learn more.
How do we apply local
#tax
expertise & global reach to keep our promise to customers? Sovos' Andy Hovancik discussed those issues and more with
@colbertcannon
on the latest episode of The HPScast.
Sovos has acquired Brazil-based Fit Sistemas, a leading provider of cloud-based regulatory reporting and
#einvoicing
solutions, enabling a complete
#SaaS
solution for modern tax challenges.
Are crypto exchanges ready for the
#1099
implications of
#NFT
transactions? Our resident
#taxreporting
expert, Wendy Walker, explains how the lack of guidance on
#NFTs
is creating compliance challenges via
@Tax
#NFTs
are surging with global sales of $80B by 2025. But state revenue agencies haven’t figured out how to tax these digital assets. Listen to my podcast on
@tax
with
#crypto
experts from
@SovosCompliance
and
@AICPA
FL was one of the final states to approve legislation enforcing remote sellers to collect taxes on online purchases. Sovos' Chuck Maniace spoke to
@PolitiFact
to give background on how South Dakota v. Wayfair paved the way for Florida's economic nexus law.
The results are in and Sovos’ Continuous Transaction Control Compliance was named a 2021 SIIA
@CODiEAwards
finalist this year in the Best Compliance Solution category 🏆. Read more about it here:
#taxcompliance
#solvetaxforgood
Join the experts from Sovos as we present 10 statutory accounting and reporting considerations that you'll want to keep in mind as you work through the preparation of your Annual Statement::
The U.S. has seen a 213% increase in new tax laws in the last year, according to Sovos’ second annual State of Sales and Use Tax Report. Download it today, and read about top regulatory trends as businesses try to solve
#salestax
and nexus issues.
There's more than 12,000 tax jurisdictions in the United States, and each has their own quirks. Did you know this sweet
#TaxCodeTuesday
fact about
@NJGov
? To simplify tax determination, get in touch with our experts.
Sovos' Laura Handler is known as CEO Andy Hovancik’s “Swiss Army knife,” focusing on strategic initiatives, executive alignment and employee engagement. Learn more about her career path and work with Sovos in
@AuthorityMgzine
.
What are the biggest trends that will impact business IT leaders in 2022? Sovos CIO, Amit Venugopal, shares his thoughts on data mandates and cloud automation via
@DigitalJournal
:
Watch our Solution Principal, Tim Roden, discuss what sales tax professional should know about Sovos when it comes to navigating sales tax determination with
@SalesTaxInst
in their Sponsor Spotlight.
While COVID lockdown measures negatively impacted economies worldwide, continuous transaction controls enabled governments to put measures in place to lessen the pandemic's blow. Sovos'
@ChristiaanValk
explains how via
@FintechDirect
:
Are you looking for a career with an organization whose culture enables employees to meet the demands of their personal lives while maintaining high performance?
Search open positions here:
Last week, Sovos landed on
@IntlTaxReview
Americas 2021 Tax Awards shortlist for Tax Technology Firm of the Year due to our 1099
#crypto
tax information reporting solutions:
DYK there's currently $77 billion in unclaimed property in the US? Chances are, your business is not in compliance with state regulations. Find out more about your obligations in The State of Unclaimed Property Report.
DYK? An estimated 800
#SalesTax
bills are under consideration by state legislators each month. VP of regulatory analysis, Chuck Maniace, shares these findings from Sovos' 2022 Sales Tax Report and more with
@accountingtoday
:
States are cracking down to close the estimated $600 billion tax gap, and
#UnclaimedProperty
is a prime target for states to recoup revenue through compliance enforcement. Get your free copy of Sovos' UP Report to learn more:
Not all food is taxed at the same rate. If you are buying fresh ingredients from the super market you are paying less than a person buying ready to eat food from a convenience store or fast food establishment. Kelsey O'Gorman and Denise Hatem examine th...
There's more than 12,000 tax jurisdictions in the United States, and each has their own quirks. Did you know this
#TaxCodeTuesday
fact about
@TexasGov
? For more state-specific tax information, check out our interactive nexus map.
"...I’m confident in Sovos that all the {
#tax
] rates are accurate and timely, and if we have a
#salestax
holiday then we know they’re going to be handled."
#CyberMonday
#retail
We're a premier
#taxcompliance
provider for
@NetSuite
& Gold Sponsor for
#SuiteWorld18
– learn how to stay ahead of rapidly changing compliance obligations & prepare for the digital future of tax compliance
#CloudERP
Want to know something cool? Ice cubes are assumed to be ingested, so they aren't taxed in Arizona. For more state-specific tax information, check out our interactive nexus map.
#TaxCodeTuesday
Are you up-to-date with regulations regarding the General Communique going live in Turkey from 1 January 2020? Join our webinar to understand how the TRA are growing the existing e-invoicing framework. →
The past 12 months were rocky for state coffers, but online
#salestax
revenue helped many weather the volatility. Sovos' Chuck Maniace spoke to
@usnews
to discuss further.
Sovos welcomes Terry Melnik as its new GM of Sales and Use Tax. Terry will lead Sovos’ long-range planning and strategy to help companies better adapt to a market that is undergoing rapid digital transformation.
When evaluating software solutions for your business, it's important to consider your past, present and future needs.
@TaxOps
's Nancy Steele and Judy Vorndran offer their guidance here:
#SalesAndUseTax
#SalesTaxAutomation
“If you’ve nailed the first 4 practices, then break out the megaphones and spread the word.” 📣 The more companies that promote
#neurodiversity
, the more it becomes the norm. Keep reading from our CTO, Eric, in
@AuthorityMgzine
👇
Did you know that Form 1099 has been around since 1918? Our solutions principal, Wendy Walker, discusses the history of the form and its impact on the tax-reporting landscape with
@AccountingToday
For more than 100 years, the evolution of Form 1099 has required organizations to repeatedly adjust their tax reporting and compliance strategies. That has led to uncertainty for businesses of all sizes. Now gig workers are worried about recent changes.
Digitized government agencies are altering business operations, transactions and information reports like never before. Learn more about the current state of regulation requirements in January's
@CIOCoverage
cover story.
For the first time, we are hearing from the State Controller's Office regarding the VCP authorized by the California legislature in September 2022.
Freda Pepper shares more in her latest blog:
#UnclaimedProperty
To accommodate for the pending IRS changes to e-file threshold requirements, Sovos 1099 Pro has created a full range of software and service options to support businesses of every size.
#SMB
#taxreporting
Check out our Solution Principal, Tim Roden in
@SalesTaxInst
Sponsor Spotlight highlighting why sales tax professionals need to know about Sovos tax solutions.
The team had a lot of great things to say about
#SAPAribaLive
this week. Tons of interest in Use Tax Manager and our other tax compliance solutions. See how we improve your procure to pay process here:
#IntelligentCompliance
The acquisition of Digital Planet, an Istanbul-based provider of e-transformation compliance solutions has been completed. This will expand our software development organization in Turkey, growing a team solving complex, global challenges.
How is your company dealing with
#einvoicing
,
#earchiving
and other
#VAT
compliance mandates? If you don't have a single, global solution, you could be in trouble. Here's why.
Our 1099 Tax Information Reporting solution has been shortlisted in the 2023
@Cloud_Awards
in the Best SaaS Product for Small Business / SMEs category.🎉
Read more here:
To promote public safety, bicycle helmets, reflective clothing and car seats are tax exempt. Looking for more tax information on the Constitution State? Take a look at our blog:
Governments have made their way into your company's data stack and are examining transactions in real-time.
We've gathered the top questions you should be asking before investing in new IT developments. Looking for more information? Download our new eBook:
The EU will soon follow the U.S.' footsteps. Beginning July 1, the EU will require online marketplaces to collect and remit
#VAT
#Tax
. Sovos' Christiaan van der Valk explains why via
@tax
Do you use an app or other payment service provider for your business payments? 🤔
Be sure to take a look at Wendy Walker's recent blog to make sure you're prepared for the upcoming 1099 reporting season:
Retailers know that they cannot overlook sales tax, but it is a time-consuming and complicated process. Learn more about how you can address – and overcome – inefficient sales tax processes.
Sovos'
#tax
experts Wendy Walker and Charles Maniace have been recognized on this year's Top 100 Most Influential People in
#Accounting
list by
@AccountingToday
. 🏆
Check out the full report:
The results are in. For the second year in a row,
@AccountingToday
recognized Sovos' Charles Maniace as a visionary and influencer in the
#accounting
industry. Congratulations, Charles!
Migrating to SAP S/4HANA can be a complicated process, but it's a great time to update and align your tax strategy to meet the challenges and needs of modern sales tax.
Download your complimentary copy of our eBook:
With an average production of 75 million pounds a year,
@visitmaine
produces the most blueberries of any state in the country. Looking for more state-specific tax information? Check out our interactive nexus map:
#TaxCodeTuesday