Re:1099 will end the world in 2012
by danbmil99 on Saturday July 24, 2010 @05:22AM
(#1543383)
what this means in practice I suspect is that audits will result in more findings of non-compliance, therefore more penalty revenue for the IRS. While I agree it's stupid paperwork, if your vendors pay their taxes, and you are keeping your accounts correctly, it probably won't be the biggest deal on the planet to generate a bunch of 1099's for your expenses.
[ Parent
| on HN ]
There are no comments on this comment yet.