Repeal of 1099
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Repeal of 1099
by marine70 » Sat Nov 27, 2010 9:25 pm
I have not heard too much noise about the 1099 requirement. I was wondering what the chances of repealing the law. Does anyone have any new information?
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Re: Repeal of 1099
by Thogey » Sat Nov 27, 2010 9:31 pm
Regardless, this will be the most ignored law in human history.
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Re: Repeal of 1099
by Tourney64 » Sat Dec 04, 2010 5:20 pm
The 1099 repeal isn't going to happen. Lawwmakers can't figure out where they will get the revenue lost by not making businesses spend billions on this new law. No new revenue will most likely be the case because profits will be down due to the increased spending on paperwork from the law.
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