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House of Representatives Votes to Repeal Expanded Form 1099 Reporting Requirements
Feb 9, 2011
On Thursday, March 3, the House of Representatives voted to repeal expanded reporting requirements for Form 1099 enacted by legislation last year. The Small Business Paperwork Mandate Elimination Act of 2011 will now be considered by the Senate.
For more information, visit this article from the Journal of Accountancy.