New Developments on 1099 Repeal

In mid-February the Senate attached an amendment to the FAA Air Modernization and Safety Improvement Act that would repeal Sec. 9006 of the Patient Protection and Affordable Care Act, the section of that act which increased 1099 reporting requirements.  Yesterday the House passed H.R. 4, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidiary…