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.
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