Visit here often for the latest industry news and information concerning tax related events.
Compliance Update
9/10/2023
The good news is that there have been very few notable form changes for tax year 2023. Let’s start with the forms that are not changing this year...
Compliance Update
8/22/2023
For tax year 2023, the IRS has changed the way in which corrections must be filed.
Compliance Update
7/28/2023
The Combined Federal State Filing (CF/SF) program was created more than 20 years ago by the IRS to help lighten the administrative burden on small businesses reporting 1099 information to states.
Compliance Update
3/9/2023
The IRS deadline for both paper and electronic filing for form 1042-S is March 15th, so now is a great time to cover the basics.
Compliance Update
2/23/2023
Key changes that may impact your organization’s tax filing processes.
Compliance Update
1/3/2023
The IRS issued Notice 2023-10, delaying the implementation of the 1099-K reporting threshold and transaction limit change until 2023.
Compliance Update
12/23/2022
Big changes are happening this tax season and Sovos 1099 Pro wants you to be in the know!
Compliance Update
8/29/2022
Preparing for the 2022 Tax Reporting Season
Compliance Update
11/15/2021
Sovos 1099 Pro Announces Services and Solutions to Prepare Small and Midsize Business (SMBs) for IRS eFile Threshold Changes
Final guidance from the IRS is expected to bring sweeping 1099 reporting changes for SMBs
Sovos 1099 Pro today announc...
Compliance Update
4/1/2021
California (CA) has recently extended their ACA 1094/1095 reporting deadline to May 31st, 2021!
Due to an extreme reporting volume, along with the ACA state reporting being brand new, California (CA) has pushed back their reporting deadline from M...