Michelle Malkin » Kill the Obamacare 1099 tax mandate
Hopefully Congress will actually pull this off. Repeal of the new 1099 reporting requirements would be helpful to many businesses. The additional effort needed to comply with these rules is very significant.
The federal budget cost of the two healthcare bills was computed (scored) assuming additional federal tax would be collected based on the added compliance associated with filing of additional 1099's. I don't know how this was computed. I do know accountants and CPA's would certainly be spending more time to respond to IRS computer generated notices.
I agree. Let's get rid of the new 1099 reporting requirements.
1 comment:
get in
soy-ecologica.blogspot.com/
Post a Comment