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A campaign is building to repeal the new requirement for 1099 reporting of payments to companies.
The newspapers and blogs have been filled with the sound and fury of unhappy business folks who have suddenly “discovered” the crushing paperwork burden contained in the health care reform law: Beginning for payments made in 2012, all businesses, governments and charities will have to issue annual Form 1099s to all companies they buy goods and services from, if they pay those vendors more than $600 in a year. more>>
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