Key Updates on 1099s and International Information Reporting

Wendy Walker is a VP of Regulatory Affairs at Sovos. Leveraging over 15 years of industry experience leading tax operations and compliance teams, she now plays a pivotal role in driving Sovos’ regulatory and policy strategy throughout the IRS and state tax agencies.

Wendy proactively develops and advocates Sovos’s related positions and influences emerging strategic issues in tax legislation and regulation which impact Sovos and its’ clients. Wendy is the Chair of the Information Reporting Subgroup for the Internal Revenue Service Advisory Council (IRSAC) and is also an active member of the Council for Electronic Revenue Communication Advancement (CERCA) and the National Association of Computerized Tax Processors (NACTP). In these roles, Wendy advocates for improvements in tax administration with members of the IRS and state tax authorities.

Wendy believes in a fair and transparent tax system, and a system that provides administrative ease. Her philosophy is to advocate for business and individual taxpayers while balancing the need for fairness and transparency in the tax system.

‘Outside of work, Wendy is an avid runner and enjoys quilting. A former Sovos client working in tax operations and tax compliance, Wendy came to Sovos to help other organizations realize the benefits of utilizing modern tax information reporting solutions.

Stephen Mihaly, attorney at KFB Rice, LLP, California State Bar Certified Specialist in Taxation Law and California State Bar Certified Specialist in Estate Planning, Probate & Trust Law, has been specializing in the field of domestic and international business and tax law for more than 35 years. He has been a member of international law firms, accounting firms and boutique tax law firms. He represents domestic and foreign privately held U.S. companies and high net worth U.S. and foreign clients and their families in outbound and inbound transactions focusing on structuring and implementing income, estate and succession plans to minimize U.S. and foreign income and transfer taxes. He also represents clients in international and domestic tax controversy matters.