2 ms·
> The thing hasn't even been finalized yet, and there'll be public comment periods and reviews and all sorts of other stuff providing people like an opportunity
by anamax 16y ago
> The thing hasn't even been finalized yet, and there'll be public comment periods and reviews and all sorts of other stuff providing people like an opportunity to go froth at the mouth about how this will be the end of the world or whatever.
The legislation has been "finalized". The regs aren't written, but the mandate is pretty clear, so they can't have much effect.
If you're a biz and you pay in certain ways, you will have to issue a lot more 1099s than you do now. Regs may change the number by 1-2%, but they won't affect the order of magnitude.