Quote:
Originally Posted by IllTestYourGirls
You had to claim it. But now you have to send 1099 to VENDORS. So handymen companies need to send 1099 to Home Depot if they buy a washer or dryer. Or if they go to the same gas station every time, they need to send a 1099 to that gas station, or if they buy a computer from Best Buy they need to send a 1099 to them and so on.
If this isnt job killing I dont know what is. But hey it will lower my health care costs right? 
http://www.foxbusiness.com/personal-...th-care-costs/ |
Ah, that clears it up. Thanks for the info. And this has got to be the dumbest law ever. I guess so much for them "simplifying" the tax code. Just another waste of time and money for businesses.