Latest Articles

Sovos

May 10, 2022 

Sovos Forms Alliance with KPMG for VAT Compliance

VAT is a vital revenue resource to governments around the world. As a result, tax authorities are looking for new ways to ensure they are capturing anticipated revenue, including adopting new and more expansive real-time compliance requirements and ...

gambling-poker-Pixabay-XenoMas-3956037_1280

May 9, 2022 

Gambling Loss Tax Deductions: No Luck Involved

The IRS takes a broad view of what constitutes a gambling activity. This isn’t restricted to betting on the racetrack or dog track or high stakes at the casinos, although those count, too. It also encompasses lotteries, raffles, keno, poker games ...