Visit here often for the latest industry news and information concerning tax related events.
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...
For tax year 2023, the IRS has changed the way in which corrections must be filed.
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.
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.
Key changes that may impact your organization’s tax filing processes.
The IRS issued Notice 2023-10, delaying the implementation of the 1099-K reporting threshold and transaction limit change until 2023.
Big changes are happening this tax season and Sovos 1099 Pro wants you to be in the know!
Preparing for the 2022 Tax Reporting Season
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...
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...