Comments on: New Rules About Forms 1099 Are Causing a Stir

By: The Year That Was: Top Tax Stories of 2011 | taxgirl

The Year That Was: Top Tax Stories of 2011 | taxgirl — Sat, 14 Jan 2012 02:16:24 +0000

[...] Congress Offers Tax Free Flights – For Now 9. New Rules About Forms 1099 Are Causing a Stir 8. Dear IRS: A Tax Pro Fires Back 7. It’s Baaaack: Making Work Pay Credit 6. Calculating the [...]

By: The Year That Was: Top Tax Stories of 2011 - Forbes

The Year That Was: Top Tax Stories of 2011 - Forbes — Sun, 01 Jan 2012 15:39:42 +0000

By: lee

lee — Mon, 26 Sep 2011 05:04:12 +0000

this rule was repealed, so does paypal still have to report income with the 1099 thing they are now asking for ss# for?

By: Should Small Businesses Fear the Healthcare Reform Act? Some Pros and a Possible Con | Business Law Today

Mon, 09 May 2011 08:06:18 +0000

[...] strictly interpreted will greatly increase the record keeping burden of the IRS. That’s why some observers believe the IRS will ultimately take advantage of a loophole in the law that [...]

By: The new 1099 law will leave you dazed and confused « revolutionsbookkeepers

The new 1099 law will leave you dazed and confused « revolutionsbookkeepers — Mon, 02 May 2011 21:46:48 +0000

[...] revolutionsbookkeepers Leave a Comment Categories: Tax Laws Anyone who has heard of the new 1099 law has been dreading end of year reporting for 2011. New requirements would force businesses to send [...]

By: Alanna

Alanna — Wed, 27 Apr 2011 21:05:30 +0000

Probably 90% of our purchasing is done via credit card. So do I request a
W-9 from the credit card company since that is who I am cutting the check to… “Bank of America” is the vendor I am actually paying. Isn’t it the credit card company’s responsibility to obtain the W-9 from their different merchants/the stores we purchase from and issue the 1099? If I request a W-9 from every supplier, grocer, cell phone carrier I pay via credit card and the credit card companies do the same, then come time to issue 1099s, the amounts are actually overstated are they not?

By: Should Small Businesses Fear the Healthcare Reform Act? Some Pros and a Possible Con | Federal Healthcare Reform

Mon, 25 Apr 2011 17:20:32 +0000

[...] the record keeping burden of the IRS. That’s why some observers believe the IRS will [...]

By: Controversial 1099 Reporting Requirements Repealed | taxgirl

Controversial 1099 Reporting Requirements Repealed | taxgirl — Fri, 15 Apr 2011 14:34:08 +0000

[...] those new 1099 reporting requirements that caused such a sensation when they were quietly sneaked slipped burrowed inserted into last [...]

By: A Veto for 1099 Repeal? : Organon

A Veto for 1099 Repeal? : Organon — Thu, 07 Apr 2011 07:13:54 +0000

[...] any goods or services. One thing that isn’t often mentioned though is that there were already rules requiring businesses to issue 1099s above the $600 threshold. But the ACA’s probably-soon-to-be-repealed provision would have [...]

By: Steve

Steve — Thu, 31 Mar 2011 20:48:44 +0000

I see some business folks on this site are still trying to “comply”. Monica M
outlined the realities in brutal detail. Folks like me with some business ambitions but more common sense will take the more realistic path, we
won’t go into “legitimate” business in the first place. many others here
will simply not be able to and will stop, no matter how much the IRS
threatens. You have to eat at some point, living out in the street is a
pain too, so is eating pet food.

Many folks here are also clinging to the dream that this will be repealed.
No such luck, the nick and dime breaking of the local stiff IS the objective.
Folks here need to stop pretending…sigh.