2011-02-03reuters.com

``The Senate on Wednesday voted overwhelmingly to rescind a measure in last year's healthcare law that expands business transaction reporting requirements to the Internal Revenue Service... Small firms and the self-employed are up in arms about the provision that, starting next year, they will have to submit 1099 tax forms on purchases of goods and services that total more than $600.''



Comments: Be the first to add a comment

add a comment | go to forum thread