Sovos

Sovos provides businesses with the confidence needed to navigate an increasingly regulated world.

[Sovos @SovosCompliance]

AI is quickly becoming foundational across finance. Tax compliance, by proxy, is no exception to this.

We’re pleased to be featured in AI & Finance roundup from Digital Wealth News, highlighting how innovation continues to reshape financial operations and regulatory processes across the industry.

As organizations navigate increasing regulatory complexity, the role of AI in tax compliance is becoming clearer: helping teams improve accuracy, reduce manual effort, and stay ahead of evolving mandates. At Sovos, we believe these capabilities are enhancements that are essential to operating with confidence in today’s global compliance landscape.

Thank you to Christopher Robbins for including us in the coverage!

Read the full feature here: https://t.co/3ltwAmgaFK

[Sovos @SovosCompliance]

🚨 A major shift in global e-invoicing is underway.

Over the next 18 months, eight new mandates will take effect across Europe, the Middle East, and APAC, each with different models, platforms, and requirements.

For multinational businesses, this isn’t a one-time project. It’s a permanent operating condition. Today, Sovos announced the Compliance Network — a global e-invoicing and CTC platform built to manage that complexity.

Learn more: https://t.co/tFtCgkdmHl

#eInvoicing #TaxCompliance #CTC #GlobalCompliance #VAT

[Sovos @SovosCompliance]

Financial services face rising indirect tax compliance demands, exposing data gaps. Strengthen processes to meet regulations and unlock strategic data use.

Read the report at https://t.co/IhNm5B4tcV

[Sovos @SovosCompliance]

Unclaimed property reporting is entering a new chapter, and businesses need to be ready. 🚨

As NAUPA continues its transition to the NAUPA III reporting standard, organizations are facing important updates that will reshape how data is structured, validated, and submitted. The shift to an XML-based format is designed to improve accuracy and flexibility — but it also introduces new complexity that compliance teams must plan for.

Recent updates to the transition timeline highlight just how significant this change is, with a phased rollout approach aimed at helping organizations adapt while maintaining compliance.

For businesses managing unclaimed property obligations, this transition goes beyond a technical upgrade, requiring a reassessment of processes, systems, and reporting strategies.

We’re closely tracking these developments to help organizations stay ahead of regulatory change and reduce risk across jurisdictions.

Read the latest update and what it means for your business: https://t.co/5eaBuMMmmv

#TaxCompliance #RegulatoryUpdates #UnclaimedProperty #DigitalTransformation #NAUPA

[Sovos @SovosCompliance]

How prepared is your organization for Form 1099‑DA reporting? 📊

Digital asset reporting requirements are evolving quickly, and many financial institutions are still assessing where their exposure begins — and ends. Between cost-basis reporting, IRIS-only filing, and backup withholding rules, it’s easy to miss key obligations.

Take our quick quiz to see how your current approach stacks up: https://t.co/bsJJvI9H1H

[Sovos @SovosCompliance]

Big news: our new APAC Center of Excellence in Mumbai is officially open 🏢
As e-invoicing and real-time reporting accelerate across the region, we’re investing to stay ahead — and support our customers at scale.

👉 More: https://t.co/T9wGEghodk

#APAC #TaxCompliance #EInvoicing

[Sovos @SovosCompliance]

Our Q1 2026 Global Taxscapes is live 🌍
With 180+ updates, it covers ViDA progress in Europe, e‑invoicing momentum across MEA & LATAM, and key U.S. tax changes.

Explore what’s ahead: https://t.co/3cSGN0leBL

[Sovos @SovosCompliance]

Data doesn’t lie.
We process over 16 billion transactions a year—and we’ve mined that data to uncover the trends reshaping tax compliance.
Get the full story in our report: https://t.co/2enuel9TJ3 #StateOfTaxBySovos

[Sovos @SovosCompliance]

Make sure your organization is ready for the first reporting year and the changes still to come. https://t.co/vUOJLXsi14

[Sovos @SovosCompliance]

1099‑DA is only the beginning of digital asset reporting.
Montana has already announced state‑level reporting, and more states are expected to follow.

Are you prepared for multi‑jurisdiction reporting?

See what’s required and how organizations can prepare: https://t.co/YmUIiZxPu9

[Sovos @SovosCompliance]

Wendy Walker explains why early preparation is essential and how the new 1099‑DA form impacts brokers, custodial platforms, hosted wallet providers and PDAPs in our latest interactive experience.

Learn the current future 1099-DA requirements, how to implement them, and how it plays into an organization’s overall tax compliance strategy here: https://t.co/YmUIiZxPu9

[Sovos @SovosCompliance]

Join @KPMG tax experts Kelli Wooten and Carianne Quirk as they break down the critical requirements for accurate 1042‑S reporting, common pitfalls, and practical strategies for ensuring accurate and timely submissions.

Register here: https://t.co/eAbzIII04v

[Sovos @SovosCompliance]

Colorado just swapped a percentage surcharge for a flat fee, changing how charges are applied at checkout.
Looking to see what other mandates and compliance updates we reported on in Q4? Find the highlights at https://t.co/0gI30udlZx

#SovosTaxScapes #TaxCompliance #ColoradoTax

[Sovos @SovosCompliance]

Governments want their missing billions — and they’re tightening enforcement to get it.
If your compliance can’t keep up, risk skyrockets.
Sovos can help.

[Sovos @SovosCompliance]

U.S. businesses making payments to foreign persons face complex reporting obligations under IRS Form 1042-S. Errors in classification, withholding calculations, or filing can result in significant penalties and compliance risks.

Join us as @KPMG tax pros break down the critical requirements for 1042-S reporting, including common pitfalls, recent regulatory updates, and best practices for ensuring accurate and timely submissions.

Register here: https://t.co/e1xuFDnxrS

[Sovos @SovosCompliance]

Brazil issued Joint Act RFB/CGIBS No. 1/2025, confirming that existing DF‑e electronic tax documents remain valid for IBS and CBS during the early Tax Reform phase, with penalties for missing fields temporarily suspended as businesses prepare.

Looking to see what other mandates and compliance updates we reported on in Q4? Find the highlights at https://t.co/dfkgMrPWZt. #SovosTaxScapes #BrazilCompliance #TaxReformBrazil #BrazilTax #TaxMandates

[Sovos @SovosCompliance]

Across Latin America and Europe, tax authorities now pull your transactional data straight from your systems. If that data isn’t accurate and aligned, the financial fallout can be immediate and expensive.

Take the Mirror Visibility quiz now to understand whether you’re truly ready for this new reality of tax compliance. https://t.co/DCsiYHPS7P

[Sovos @SovosCompliance]

Compliance pain points vary, but risk is universal.
Sovos empowers organizations worldwide with expert-backed solutions that simplify compliance and safeguard your business. Ready to turn risk into confidence? https://t.co/wVZMhniA9U

[Sovos @SovosCompliance]

Governments around the world now require real‑time tax reporting and e‑invoicing—and the consequences for getting it wrong are serious: revenue stoppage, supply‑chain disruption, penalties, even jail time.

The Sovos Indirect Tax Suite unifies tax determination, e‑invoicing, and reporting so businesses stay compliant across countries, states, and jurisdictions with constantly changing rules.

Trusted by 100,000+ companies, including half the Fortune 500. Learn more: https://t.co/FsG7PbAErW

[Sovos @SovosCompliance]

1099 reporting season is here. Are you ready?
Before deadlines hit, make sure you’re up to speed on the latest changes.
Watch our on‑demand session covering:
✔ Key 2025 1099 state reporting updates
✔ The biggest non‑compliance risks to watch
✔ Practical steps to simplify multi‑state reporting and avoid costly errors

https://t.co/VF5J9BTdFh