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

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

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:

CRS Report

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

Vendor supplied data

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

Publisher Number:

CRS-2011-AML-0097

Access Restriction:

Restricted for use by site license