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Taxation & Estate Planning

: TaxProf Blog

Senate Rejects Bills to Repeal ObamaCare's 1099 Reporting Requirements

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The Senate yesterday rejected attempts to repeal or reform the 1099 reporting requirements from ObamaCare. The Senate defeated (52-46) an amendment by Sen. Mike Johanns (R-Neb.) to repeal the requirement that businesses report all transactions in excess of $600 to the IRS. The Senate defeated (61-37) an amendment by Sen....

Full post as published by TaxProf Blog on September 15, 2010 (boomark / email).

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