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Sovos Compliance

Company Info

Description

The complexities of managing federal, state, and territorial tax information reporting obligations can cause serious strain on compliance teams within an organization. Regulations can change frequently and quickly, with very little time for an organization to adjust their process prior to deadlines. Many businesses find themselves without the necessary expertise, tools, and resources to adapt to these changes and meet all the reporting requirements on time. Sovos 1099 streamlines & efficiently manages business’ tax information reporting processes. Sovos 1099 is the largest private filer of 10-series forms (1099s, 1098s, 1042-S forms) in the United States, and has been helping businesses streamline and efficiently manage their tax information reporting process for over 35 years. Sovos 1099 annually processes over 350 million forms and more than 1.5 billion transactions. Configurable, versatile, and comprehensive, Sovos 1099 is a trusted solution for many of the largest financial service providers in the U.S., as well as nearly half the Fortune 500.

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