Washington, D.C., March 4, 2011 - Kristie Arslan, Executive Director of the National Association for the Self-Employed (NASE), released the following statement after the House passed a repeal of the onerous 1099 legislation:
“The NASE is pleased to see that the House has supported the permanent removal of this law from the backs of the self-employed. Not only does the increased reporting discriminate against small enterprises who do not have the luxury of having an accounting department on staff, it causes needless double-reporting of business credit card transactions for goods and services. The Senate needs to act now to do away with this troublesome law once and for all.”
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Courtesy of NASE.org https://www.nase.org/about-us/media-relations/nase-in-the-news/2011/03/04/NASE_Praises_House_Repeal_of_1099_Provision