Sovos' tax information reporting software provides end-to-end support for creating and printing tax forms and sending electronic filings to the IRS and states. It allows businesses to perform the key tasks of 1099 reporting:
- Adding payer, recipient, and form data
- Reviewing and fixing errors in the data
- Verifying recipients' information against the IRS TIN Matching program and other databases
- Printing B-notices and W-9 solicitations to request name and TIN information from recipients
- Printing tax forms to send to recipients
- Transmitting forms to the IRS and states