Last week, Sovos announced that its Sales & Use Tax Filing product has been named the Best Compliance Solution of 2020 in the annual SIIA CODiE Awards. The SIIA CODiE Awards are peer-reviewed and recognize companies producing the most innovative business technology products around the world.
As an extension of its mission to Solve Tax for Good®, Sovos is leveraging its filing solution to offer one file-ready sales and use tax return at no cost throughout May 2020 for retailers and DtC manufacturers affected by COVID-19.
“As tax administrations adapt regulations and adopt technology to increase revenue by closing tax loopholes, businesses are increasingly at risk for penalties and fines, and progressively burdened to file more complex returns in more jurisdictions,” said Pawel Smolarkiewicz, Chief Product Officer at Sovos. “Sovos' Sales and Use Tax Filing was designed to solve these challenges for our customers. This award affirms the power and precision of our product to do just that, allowing our customers to solve the tax filing burden and thrive.”
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