Friday, October 31, 2014

Home News President Obama signs 1099 legislation

President Obama signs 1099 legislation

Repeal of Affordable Care Act provision eliminates additional paperwork for small businesses

David Kuack | April 25, 2011

On April 14 President Obama signed a law that removes the expanded 1099 reporting requirement from the Affordable Care Act. Considered a big win for small businesses, the Small Business Administration and the President supported repealing this provision. It would have required businesses to send 1099 forms for all purchases of goods and services over $600 annually. The President said the requirement “would have been an undue barrier to small business growth”.

Top news

Watching for whiteflies

Whiteflies are notorious foes of fall-season plants. Are you prepared to battle them?

EPA proposes removal of 72 chemicals from approved list

The chemicals would be removed from the list of substances approved for use as inert ingredients in pesticide products.

America in Bloom releases two new books

The organization is publishing a special edition of its Best Ideas book and a compilation of articles and essays by Marvin Miller.

x