Feb 05
Accounting Today has a good article on the Senate bill to amend the 1099 filing requirements
It looks like if this is signed into law we won’t have to send 1099s to the Home Depot.
However this does not appear to repeal the new 1099 requirements under the Small Business Jobs Act for landlords
As you recall the Small Business Jobs Act expanded the1099 reporting to all landlords when they pay more than $600 to non-corporate service providers such as your local handyman.
