Enzi Says 1099 Will Make More Paperwork For Small Businesses

Senator Mike Enzi
Senator Mike Enzi

During a Senate Finance Committee hearing this week, Senator Mike Enzi expressed concerns about the new 1099 form requirements in the new health care reform law. He says that he thinks most small businesses will be burdened with the added paperwork:

Section 9006 of the Patient Protection and Affordable Care Act requires business owners to submit a separate 1099 form for business-to-business transactions that total more than $600 in a year.

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