Posted on 05/12/2011
1099 Reporting: Back to the old rules
On April 14, 2011, President Obama signed the repeal of the expanded 1099 reporting rules. The 2011 reporting rules are now the same as they were before two 2010 laws greatly expanded the requirements. 1099 reporting is still extremely important. A business which pays an unincorporated entity (an individual who is not employee, sole proprietorship, [...]
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