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Both New 1099 Reporting Rules Repealed

A bill to repeal the new 1099 reporting requirements has passed the Senate (having already passed the House) and has gone to the President for signature.

For more details, see the article at Journal of Accountancy.com: http://www.journalofaccountancy.com/Web/20114032.com

 

As always, please contact me if you have any questions about this or other matters