TaxProf Blog: Dems, GOP Vie to be First to Repeal ObamaCare's 1099 Small Business Reporting Rule.
Buried within the health care bill, all businesses will have to file a 1099 for any vendor paid more than $600 in a year. For large companies that have fully computerized their accounting departments, this is no big deal. For small businesses, this is a huge burden. We may have to outsource, the way we do the payroll.
This relates to health care how, exactly?
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