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This page contains a single entry by Associate Editor published on February 3, 2011 10:37 AM.

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1099 Reporting Requirements Repealed by Senate

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The Senate passed a measure repealing the new 1099 reporting requirements that were included in the health care bill.  The Senate voted 81-17 and now awaits action from the House of Representatives where Congressman Daniel E. Lungren (R-CA) has introduced the Small Business Paperwork Mandate Elimination Act (H.R. 4) to repeal the new requirements.

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.


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