Remember the crazy 1099 Requirements Hiding in Health Care Bill [1] that were going to generate a flurry of paperwork?
Last week, the President signed a new law to repeal those 1099 requirements. In addition, 1099 requirements for rental income were repealed.
When the President Signed the Repeal of Expanded 1099 Requirements [2] it removed the part of the health care bill that:
Expanded the 1099 reporting requirements to include all payments from businesses aggregating $600 or more in a calendar year to a single payee, including corporations (other than a payee that is a tax-exempt corporation), and to include payments made for property, starting with payments in 2012.
Housing & Real Estate
- Increase in Housing Quality vs. Increase in Housing Prices [3]
- Renters Insurance 101 [4]
- 4 Things That Can Put the Kibosh on Your Mortgage Refinancing Plans [5]
By the Numbers
- 10 Ways to Pay for College Without Going Into Debt [6]
- 15 Things Our Grandparents Lived Without (and We Probably Could, Too) [7]
- 12 Steps to a Cleaner and More Productive Workspace [8]
- 4 Money-Induced Attributes to be Wary About [9]
- 10 Steps To Balance A Checkbook [10]