Sovos
66 Case Studies
A Sovos Case Study
The Quartz Corp., a Spruce Pine, NC–based supplier of high-quality quartz sand with about 110 employees, confronted time-consuming, manual 1099 reporting that exposed the company to B notices and potential financial penalties. To address this compliance and efficiency challenge, The Quartz Corp. turned to Sovos’ online 1099 reporting solution.
Sovos automated The Quartz Corp.’s 1099 reporting and added pre-filing federal tax ID checks, eliminating error-prone manual processes. As a result, The Quartz Corp. has not received a B notice since implementing Sovos, avoiding potential penalties and significantly reducing reporting effort.
Sharon Huskins
Staff Accountant