Name: Mastering Tax Compliance: Strategies for Accurate Invoice Taxation
Start: 2024-08-01T13:58:00Z
End: 2024-08-01T13:58:30.000Z
Location: BrightTALK
Rating: 0

Sovos is a global provider of tax, compliance, and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence.  Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape.  Sovos' cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.  

Visit our channel to hear from our globally renowned thought leaders and partner experts on a wide range of topics relevant to the "here and now" in the regulatory compliance world.

SAF-T is much more than just a counterpart to e-invoicing!  Join Sovos and our special guests from Deloitte as we dive into why SAF-T often gets overshadowed by e-invoicing mandates and real-time reporting, and how it brings significant value beyond just compliance.  Explore the journey from raw data files to the many strategic business applications that empower your enterprise with greater control and enhanced processes. Learn how Sovos and Deloitte have collaborated with clients to drive value in business management and discover why the future of SAF-T is promising for your organization.

The agenda will include:

• SAF-T Reports – Current Usage and Coverage
• Common misconceptions around SAF-T and the view of the future in the eyes of Sovos and Deloitte
• Why SAF-T Reporting Delivers Far More Strategic Value Than Businesses Realise
• Future-Proofing Through SAF-T: High-Impact Opportunities for Every Stage

Maximizing Business Value with SAF-T: More Than Just a Tax Reporting Tool

Hosted by our partner Serrala, we explore how e-invoicing is top of mind and how we can support you in making your AP automation journey compliant.  Topics include:

• How an automation journey along with a compliance strategy can help a business cope with the requirements of upcoming mandates.
• The impact of the German and French tax authorities' changes and what it means for businesses across Europe.
• How the Serrala AP and Sovos e-Invoicing solution together can help businesses comply and remain successful.

E-Invoicing is Now:  How to make your AP Automation Journey Compliant

Are you prepared for the impacts of upcoming electronic invoicing regulations?  We'll take a look into the basics of e-invoicing with Lukasz Weber, Director of Product Management at Zuora, and Lukas Rask, Senior Product Manager at Sovos, as they come together to shed light on the dynamic and ever-changing regulatory tax landscape.

This session will delve into the upcoming mandatory changes in key markets, including Poland, Romania, France, and Malaysia, providing attendees with an understanding of the challenges and opportunities that lie ahead. Our experts will help businesses like yours discover effective strategies for remaining compliant and how to navigate accurately billing, invoicing, and taxing your customers.

Key Discussion Points:

-  E-invoicing and how its introduction has impacted the global tax landscape.
 
-  Upcoming mandatory changes in Poland, Romania, France, and Malaysia.
 
-  Navigating compliance challenges and how your financial systems might be impacted.

From Basics to Brilliance: E-Invoicing Insights with Sovos & Zuora

Learn about the newest updates for 1099 state reporting in 2024 and what they mean for your organization. This webinar will review the basics of 1099 state reporting and cover the latest regulatory changes, how they could affect your reporting process, and what to keep in mind as you prepare for this year's state 1099 reporting.

The State of State Reporting

This session will cover the essentials of information reporting and withholding, focusing on W-8 and W-9 forms. Participants will learn how to properly manage these forms to ensure compliance with IRS requirements, including handling foreign and domestic tax status correctly. Best practices for managing and maintaining W-8 and W-9 forms will be shared, helping organizations streamline their reporting processes and avoid costly errors.

Best Practices for W-8 and W-9 Management

Do you make payments to non-U.S. persons?  If so, its important to ensure you are timely and accurately completing Form 1042 and 1042-S reporting.  Come to an information packed session to learn more about when reporting is required, the nuts and bolts of completing the required reporting, and how to prepare for increased IRS enforcement activity.

On Your Mark, Get Set, Go! Preparing for 2024 Form 1042-S Reporting

This session will cover proactive strategies for tax identity management, covering B & P notices, TIN Matching and more. Attendees will explore best practices for your organization to avoid common mistakes, reduce errors, and ensure smoother processes in your tax compliance efforts.

The Power of Proactive Compliance

An introduction to the fundamentals of 1099 reporting. Participants will gain an understanding of common terminology and explore a brief overview of the most common 1099 form types, including 1099-MISC, 1099-NEC, 1099-INT, 1099-DIV, 1099-K, 1099-R, and 5498, along with their respective deadlines and thresholds. The session also covers common corrections, the differences between federal and state reporting, and best practices for maintaining compliance in the reporting process.

1099 101

Understanding preparatory and implementation best practices for global e-invoicing can seem daunting, but there are experts available to help you navigate these challenges. Join tax technology experts Jun Miyake from Ryan and Andrew Hocking from Sovos, where they’ll discuss the potential challenges faced by multinationals, including upcoming changes and effective strategies for seamless billing and compliance. 

Key Discussion Points:

• Current Regulatory Indirect Tax Landscape
• Navigating Strategic Challenges
• Preparatory and Implementation
• Customer-Centric Solutions

During this one-hour webinar, you will explore the latest developments and trends, gain valuable insight into the regulatory complexities your business is facing, and learn how to stay ahead of regulatory changes that are crucial for compliance.

Navigating Global E-Invoicing: Mastering Strategies for Multinationals

Join us for an exclusive virtual executive seminar focused on navigating the complexities of tax function transformation. Led by experts from Sovos and KPMG, this session will provide essential insights tailored for executive audiences. 

Effective tax function transformation goes beyond process re-evaluation and technological upgrades. It requires a strategic approach, starting with defining a target operating model that aligns with your organization’s capabilities and strategic objectives. KPMG, with its deep tax knowledge and technical expertise, offers invaluable guidance to help executives make informed decisions. 

Key topics include: 

Strategies for aligning internal stakeholders 

Essential questions to ask for prioritizing countries 

Key considerations for data management 

Best practices for executing a phased roll-out and a successful RFP process 

Don't miss this opportunity to gain actionable strategies and insights to drive tax function transformation success within your organization.  

About Sovos & KPMG: 

The right partners to help you navigate global e-invoicing mandates  

If you’re like other global organizations, keeping up with e-invoicing mandates is a constant challenge. In partnering with KPMG, we’re making this process a whole lot easier wherever you do business.  

By combining KPMG’s experienced tax professionals with Sovos’ automated 360-degree compliance platform covering more than 60 countries, we can handle all your global e-invoicing and digital reporting obligations globally.   

Benefits to working with Sovos and KPMG 

An automated, streamlined e-invoicing process that meets evolving regulations 

A single, out-of-the-box solution to reduce invoicing complexity 

The ability to re-purpose resources on global expansion and revenue-generating business initiatives 

https://partner.sovos.com/kpmg 

https://kpmg.com/us/en/capabilities-services/alliances/kpmg-sovos.html

Navigating Tax Function Transformation: Strategies for Executive Success

Join Sovos and TaxOps as we explore sales & use tax compliance for customer invoicing. The expert team at TaxOps will share essential steps for accurate tax verification and common sales tax mistakes to avoid with shared services buying centers, while also addressing industry misconceptions.

Whether you are a tax professional or a business leader, this 30-minute deep-dive will empower you to foster positive customer relationships while maintaining compliance.

Key topics: 

• Navigating shared services buying centers
• Learn why language matters
• Bundling and mixed-use transactions
• True object test
• Determining taxable items
• Calculating taxes (the where, the who)

Mastering Tax Compliance:  Strategies for Accurate Invoice Taxation

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Mastering Tax Compliance: Strategies for Accurate Invoice Taxation

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