1099 Information Reporting Requirements and Penalties as Modified by the Patient Protection and Affordable Care Act and the Small Business Jobs Act of 2010.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service. American Law Division.

Language:

English

Subjects (All):

United States. Laws, etc. (Statutes of the United States).

United States.

Financial disclosure.

Government paperwork.

Physical Description:

1 online resource (19 pages, digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2011.

System Details:

System requirements: PDF reader software.

text file

Summary:

Discusses modifications to Section 6041 of the Internal Revenue Code made by Section 9006 of P.L. 111-148, the Patient Protection and Affordable Care Act, and by Section 2101 of P.L. 111-240, the Small Business Jobs Act of 2010, both of which expand information reporting requirements in IRC. Reviews exception for credit card and third party network payments, discusses procedures for and enforcement of information reporting requirements, and examines responses to changes to 1099 reporting requirements. Summarizes related legislative proposals in the 111th and 112th Congresses.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Jan. 2013). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. American Law Division. 1099 Information Reporting Requirements and Penalties as Modified by the Patient Protection and Affordable Care Act and the Small Business Jobs Act of 2010

Access Restriction:

Restricted for use by site license.