Managing Accounts Payable
July 2009
FORM 1099: Obama Proposes More 1099 Reporting to Catch Tax Cheats
Your AP department will have a lot more Form 1099 work to do under President Obamas new budget plan. The governments goal is to ferret out individuals and businesses that under-report their income. True, these proposals have been kicking around Washington for a few years, but theyre now more likely to pass. Reason: The increased tax revenue theyll bring to the government will offset Obamas planned tax breaks for individuals and businesses.
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July 2009 - Table of Contents
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