As Congress returns from its August recess, the Senate is expected to debate amendments to a package of small business tax breaks that would repeal a provision of the health care law that requires businesses to submit a 1099 form to the Internal Revenue Service for yearly purchases of $600 or more from a vendor. Small business hates the provision and has lobbied against it but efforts to modify the requirement or repeal it are expected to fail.
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Health On The Hill – September 13, 2010
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