Wendy Walker news and trends

IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling  
Taxes // May 04, 2024

Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy Walker, solution principal at Sovos, told PYMNTS, the Internal Revenue Service’s ongoing digitization efforts pose...

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...

As Tax Season Looms, Form 1042 Makes the Leap to Digital Filing
Taxes // January 26, 2024

Tax season is here, and the march towards digitization of records and electronic filing continues. Wendy Walker, solutions principal at Sovos, told PYMNTS that new e-File requirements — in this case, for Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons —...

Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
Taxes // December 12, 2023

Wendy Walker, solution principal at Sovos, said changes to IRS reporting that help identify firms may catch some businesses unaware.  As Walker illustrated in a recent interview with PYMNTS, if an enterprise wants to file information with the IRS — such as 1099s — they...

Interviews & Exclusives
CFOs Struggle to Manage Complexities of State Tax Filings

June 05, 2024
Tax season might be over. But then again, there’s always next year. As Wendy Walker, solution principal at Sovos, told PYMNTS, the complexities of tax reporting will still demand that organizations of all sizes gear up for changes in the tax code and rigorous reporting requirements that will always be fluid and complex. But one […]

IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling  

May 04, 2024
Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy...

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...

As Tax Season Looms, Form 1042 Makes the Leap to Digital Filing

January 26, 2024
Tax season is here, and the march towards digitization of records and electronic filing continues. Wendy Walker, solutions principal at Sovos, told PYMNTS that new e-File requirements — in this case,...