Ask Sovi is an AI-powered product assistant built directly into 1099 Professional, available as of August 17, 2026. It answers product how-to questions in real time by searching Sovos product documentation — at no additional cost to 1099 Professional customers. What Is Ask Sovi? Ask Sovi is an AI assistant embedded in 1099 Professional. It…
The IRS FIRE system will be permanently decommissioned on December 31, 2026. All 2026 information returns, filed in early 2027, must be submitted through IRIS. For mid-market and enterprise filers, that means new file formats, new credentials, new validation logic, and a filing architecture that requires planning well before filing season opens. If your organization…
Quick answer: The OBBBA, signed July 4, 2025, permanently restored the TPSO Form 1099-K threshold to more than $20,000 and more than 200 transactions. But a higher threshold does not simplify compliance. Backup withholding, payment card rules, per-platform aggregation, and state thresholds all operate independently of that federal threshold. The headline change of 2025, the…
