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Correcting the 1099 Mistake

The Senate is expected to vote on April 5 on a 1099 fix resulting from passage of the Patient Protection and Affordable Care Act of 2010 (P.L. 111-148). Specifically, Section 9006 would require all small businesses that purchase more than $600 in goods or services from a supplier to issue a form 1099 for tax purposes to that supplier.

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Posted by: Anonymous
on April 5, 2011
Category:  Digesting DC 
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