Guess what? On Thursday, President Obama signed HR 4, the Small Business Paperwork Elimination Act, into law. So there goes all that additional 1099 reporting requirements for businesses. Here is more info:
http://www.tradeonlytoday.com/home/511079-obama-signs-1099-repeal-into-law
Well there is one less thing for small businessmen to worry about. Now you can worry about your business, death and taxes (all the normal stuff.)