Hearing on Buried in Paperwork: A 1099 Update

new home construction and remodeling

On February 9th, 2011, Mike Kegley on behalf of the 160,000 members of the National Association of Homes Builders, testified in front of the Small Business Committee of the U S House of Representatives. The witness list, his oral and written presentation as to the costs of the new 1099 reporting requirements included as part…

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Mike Kegley Testifies for NAHB to the U.S. House Small Business Committee


Under the Patient Protection and Affordable Care Act that was signed into law last year, businesses will have to file a significant number of additional IRS Form 1099s. Currently, businesses are required to file 1099s when they purchase more than $600 in services in a given tax year. But starting in 2012, businesses would also…

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