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Massachusetts Representatives Back Move to Repeal 1099 Provision


House Republicans have initiated efforts to repeal a controversial provision of federal health care reform that will require businesses to file 1099 tax forms for every vendor that sells them more than $600 worth of goods or services. The provision is due to take effect in 2013.

The Republican leadership has made the 1099 repeal a priority and has therefore assigned the initiative the number H.R. 4. The bill has more than 245 co-sponsors - nearly all House Republicans and several Democrats, including Massachusetts Representatives Barney Frank and Niki Tsongas.

The provision will subject more than 40 million entities, including governments, nonprofits, and businesses of all sizes across the nation to onerous data collection and IRS information filing burdens on virtually all non-credit card purchases. 

AIM believes the 1099 provision would saddle employers with significant administrative and accounting expenses at a time when many firms are still struggling with a soft economy. We appreciate Representatives Frank and Tsongas for supporting the measure, and will ask other members of the Massachusetts Congressional delegation to join them. 


REpeal of this provision makes sense. It is a ridiculous burden and the IRScould not evcen deal with it if implimented. HOwever, this should be repealed specifically,. A shotgun repeal of the whole Health Care aact (so called) is not warranted and will not serve anyone's benefit except the insurance companies.
Posted @ Tuesday, January 18, 2011 3:47 PM by Fred Wilcon
But I thought the 1099 provision was the Democrats new stimulus package. Granted it would put a burden on all business but they will have to hire more staff to track and process this information. It would create more work for printing companies. Staples would then be selling more forms creating revenue for them. The post office would have more mail to process and deliver creating more jobs, not to mention the IRS jobs. I find it hard to believe our Politicians did not think of the practicalities of the law they voted for. (oh was that a touch of sarcasm?)
Posted @ Wednesday, January 19, 2011 10:02 AM by Ann K Brea
Ann, you should know that politicians aren't smart enough to see the brilliance of your inspiration.
Posted @ Wednesday, January 19, 2011 4:15 PM by Ralph Wilbur
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