Payables 1099 Health Care Update

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The Repeal of the 1099 piece of the Health Care Act has been signed into law! On April 14, it was signed by the President.  Woo-hoo!!!  We do not have to implement 1099’s for all vendors and customers at this time.
H.R. 4: Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011.

For detailed information, click HERE

Celebrate!

Terry