Finally, the fight against the 1099 form expansion built into the nation’s healthcare reform package — and ridiculed as “The Paperwork Salvation Act of 2010” — has reached a satisfying conclusion. It was repealed last month.
The National Lumber and Building Material Dealers Association (NLBMDA) praised the actions of the United States Senate for passing the crucial 1099 Repeal Legislation. The Senate passed H.R.4, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act without changing anything in the House-passed bill.
