Stealth IRS campaign mandates millions of new 1099 tax forms

Stealth IRS campaign mandates millions of new 1099 tax forms
"But SMC's survey found that extending 1099s just to services purchased from corporations would push that number to at least 200 filings per year for a typical small business -- adding an estimated $6,000 to the cost of preparing the average tax return.

And that's without even accounting for the requirement that 1099s be filed for purchases of goods"