Tag: tax compliance

In the world of tax compliance, staying current isn't just best practice—it’s a necessity. Among the various timing issues that compliance teams face, understanding...

Sovos and Tungsten Automation have announced a strategic partnership to deliver an integrated compliant AP solution for multinational organisations. The partnership aims to address the...

Banks in the United States will have more flexibility in how they collect Taxpayer Identification Numbers (TINs) from customers following the introduction of new Customer Identification Program (CIP) regulations by FinCEN, the OCC, and the FDIC.

Navigating the maze of tax compliance is often a delicate task for firms, with any misstep potentially leading to regulatory penalties and customer dissatisfaction. Simply collecting tax documentation is no longer sufficient. FinTech companies now face the challenge of collecting these documents in a seamless, friction-free manner while upholding compliance standards. By adopting AI and enhanced OCR technologies, firms can transform document collection into an efficient and transparent part of the customer journey.

In an era of overwhelming data abundance, the real challenge for tax administrations is no longer access to information, but knowing where to find...

As global tax regulations tighten, prime brokers are under increasing pressure to weave tax compliance into every stage of the client lifecycle. According to TAINA...

A well-structured RFP can make all the difference when launching or optimising your tax information reporting process. But according to experts from Comply Exchange,, SOVOS and Ledgible, too many organisations issue generic, misaligned RFPs that stall progress and lead to ineffective implementations.

As tax regulation evolves to include digital assets, businesses must shift from reactive to proactive compliance strategies. A key focus has been the expanded scope of Section 6045 and 6045A, which now categorises digital asset trading platforms, wallet providers, and payment processors as brokers. This change subjects them to the same IRS reporting standards as traditional securities, creating new obligations for tax information collection and verification.

Vertex, a global provider of tax technology solutions, has enhanced its e-invoicing solution to help businesses meet complex tax regulations.

Notice Ninja, a tax compliance SaaS platform, has raised $500k in a seed funding round from an existing investor.