Tax changes persuant to health care bill?

Mar 22, 2010 20 Replies

"Russ in San Diego" wrote

That's not clear to me at all. There is the provision in the bill for all businesses to issue Forms 1099 for all business purchases of goods and services (over $600 per year) paid to individuals, partnerships and corporations. That has nothing to do with health care or insurance. It's going to be a huge burden on businesses of all sizes, more on the gathering the data and issuing the forms, but receiving them too.

The up-side to this? I get to bill my client for preparing the 1099 he has to issue to me.

I'll eventually grow fond of the Accountants and Attorneys Full Employment Act of 2010.

I already have raised fees on payroll for the HIRE act provisions.

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