NU Online News Service, Sept. 15, 12:41 p.m. EDT
WASHINGTON–The Senate rejected the first efforts to revise or repeal a provision of the health care reform law that puts stringent tax-reporting mandates on small businesses.
The mandate requires businesses and others to issue Form 1099s to vendors from whom they purchase goods totaling $600. The provision has garnered opposition from a broad coalition of businesses.
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