Health Care Law’s Hidden Tax Provision: 1099s Could Quintuple in 2012 (Budget & Tax News)

And yet another look at the Great 1099 Kerfuffle, albeit this one mostly a rehash of the first one:

An until-now unnoticed provision of the new health care overhaul law could change the way U.S. businesses—including freelance workers—prepare for tax day, causing an avalanche of additional recordkeeping and reporting… [read more]