September 15, 2010

Businesses will have to be ready to comply with Form 1099 reporting provision in healthcare reform

Tuesday, the Senate defeated the controversial tax-reporting provision written into the healthcare reform legislation passed earlier this year. Business groups say the requirement will create a bookkeeping nightmare in an already struggling economy.

Meanwhile, a federal judge said he is likely to let 20 states move forward with at least one portion of their lawsuit against the healthcare legislation. Judge Roger Vinson will issue a complete ruling by October 14th and scheduled oral arguments to begin December 16.

To read more on today's leading healthcare stories, check out the September 15, 2010 NAHU Newswire.

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