Ralph, Which part of "Basically, businesses will have to issue 1099s whenever they do more than $600 of business with another entity in a year." is FUD?
On Wed, Apr 28, 2010 at 10:48 PM, Ralph <[email protected]> wrote: > This is not correct. Please don't spread FUD. > Check with your CPA to find out who and when you need to 1099. > Only Individuals get 1099s, and only for services- not merchandise. > > > -----Original Message----- > From: [email protected] [mailto:[email protected]] On > Behalf Of MDK > Sent: Wednesday, April 28, 2010 10:40 PM > To: WISPA General List > Subject: [WISPA] You're going to love this... New IRS rules > > http://www.cato-at-liberty.org/2010/04/26/costly-irs-mandate-slipped-into-he > alth-bill/ > > It requires 1099's for EVERY entity you do more than $600 business with a > year. > > Gas station. Walmart, your landlord, a $700 used car or truck. Ebay > purchases, ALL require 1099's now if you go over $600 a year. > > That's almost enough for me to throw up my hands and say "I quit". > > Frankly, we should all just quit. For a week. Or a month. Call up the > > White House and say "you want it so bad, well now you got it, we quit". > When about 50 million of us do that, perhaps the administration will realize > > it should consult someone besides insane marxists as it concerns business > and economics. > > > > > ++++++++++++++++++++++++++++++ > Neofast, Inc, Making internet easy > 541-969-8200 509-386-4589 > ++++++++++++++++++++++++++++++ > > > > > > ---------------------------------------------------------------------------- > ---- > WISPA Wants You! Join today! > http://signup.wispa.org/ > ---------------------------------------------------------------------------- > ---- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
