> Hell, under Obamacare anyone who hires a kid to mow their lawn and pays them $400 over the course of a year has to file a 1099 on them!
Under the new health care legislation ? No. What you are describing has been an IRS requirement for many years. One that was mostly ignored. The congress wants to close the loophole (but the way they wrote it is rather brain damaged).
Under the new health care legislation ? No. What you are describing has been an IRS requirement for many years. One that was mostly ignored. The congress wants to close the loophole (but the way they wrote it is rather brain damaged).