Drastic Changes To 1099 Tax Code Slipped In To Healthcare Bill
|Anonymous Coward (OP)|
User ID: 962303
05/05/2010 09:26 PM
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And add to that this...
[link to www.auctionbytes.com]
SO, I am a web designer. My clients will now have to 1099 me... I take payments via PayPal, who will also 1099 me.
BUT its for the same amount. I get taxed Twice?????
Same project, two companies sending a 1099.
Not against paying my fair share (I already DO report all income), but definitely not too hot on paying twice!
|1||Costly IRS Mandate Slipped into HC Bill: Businesses will have to issue 1099s whenever they do more than $600 of business with another entity in a yr||04/29/10|
|2||Health-Care Bill Surprise: 1099 Nightmare||09/23/10|
|3||An Ugly Side Effect of New 1099 Law: More Tax Evasion~!||01/28/11|
|4||IRS classifies W-2's and 1099's as Class 5 Gift Tax!!!!||01/06/11|
|5||Possible Outcomes of New 1099 Tax Law||10/28/10|