The United States Senate Committee on Finance: Newsroom - Chairman's News
Another attempt by Congress to "undo what they did". The Senate Finance Committee Chairman and Senate Majority leader have introduced another bill to repeal certain of the new form 1099 reporting requirements. This is at least the third attempt at a bill to pull back on the signficantly expanded form 1099 reporting requirements.
With the federal governments push to create employment, there is a general feeling that placing additional reporting burdens on small and medium sized businesses will not promote employment creation. Maybe this time when they click on the "undo" button it will work...
No comments:
Post a Comment