Brian’s Tax Musings

Well, another bill to fix the horrible 1099 reporting requirement is winding its way through Congress even as we speak (again!)  From what I read the bill will be voted on as part of a larger bill this week in the Senate and should be voted on in the House soon.  This time it appears that they have a good chance of passing.  Imagine that – good news out of Washington!  See this article:

http://thehill.com/blogs/floor-action/house/143681-possible-new-hurdle-for-1099-repeal-reconciliation

and this regarding House Ways and Means commitee votes:

http://www.businessinsurance.com/article/20110215/BENEFITS11/110219964

I will let you know when things happen if they happen.

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