Form 1042 S news and trends

1042-S Adds Complexity to Tax Season for Banks and Corporates
Taxes // March 06, 2024

It’s March — and for many corporations and government agencies, the race is on to file a complete accounting, particularly with Form 1042-S, with the IRS. Wendy Walker, solution principal at Sovos, told PYMNTS that companies operating on an international basis grapple with ongoing challenges...

Interviews & Exclusives
1042-S Adds Complexity to Tax Season for Banks and Corporates

March 06, 2024
It’s March — and for many corporations and government agencies, the race is on to file a complete accounting, particularly with Form 1042-S, with the IRS. Wendy Walker, solution principal at Sovos, told PYMNTS that companies operating on an international basis grapple with ongoing challenges of reporting and reconciliation. As she explained, Form 1042-S reports […]

Quick Reads
Sovos Unveils 1099 Professional for SMB Tax Reporting

November 06, 2024
Tax information reporting can be a challenge for small and medium-sized businesses (SMB). For example, there are 21 different types of IRS 1099 forms, there can be hundreds to thousands of information return forms to file each year, and it can be difficult to track changes to filing requirements. In a press release Wednesday (Nov. […]