
As the IRS ramps up enforcement and narrows reporting thresholds, businesses face rising pressure to modernize their compliance strategies. A growing tax gap, new rules on digital assets, and shifting 1099-K requirements are already in effect—and they’re just the beginning. Leaders should focus less on political noise and more on the real, immediate regulatory changes that carry lasting impact. The key is preparation: assess your systems, understand your obligations, and act now to avoid penalties later.
Wendy Walker, VP of Regulatory Affairs at Sovos shares the top tax scams compiled by the IRS in their yearly Dirty Dozen list.
Wendy Walker, VP of Regulatory Affairs at Sovos shares the top tax scams compiled by the IRS in their yearly Dirty Dozen list.
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