REPORT COPYRIGHT VIOLATION IN REPLY
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Big brother at it again, IRS , your debit cards & credit card purchases..
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Vision Thing |
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Say I am a small business, a painter. I must 1099 Sherwin Williams paint store for paint.. Wal-mart for brooms, mops, pails, paper products , etc.. 1099 all transactions over $ 600.00
you don't see a problem ?? We will be more likely to cut out MANY vendors rather than have to 1099 them.. YES MORE JOB LOSS
Quoting: Anonymous Coward 792302What if it has the opposite effect on small businesses, what if they try to spread their purchases among many vendors so that hardly any go over $595.00 for the year?
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