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Tag: 1099
Roadbuilding
Senate repeals 1099 reporting requirements
The U.S. Senate passed H.R. 4 on April 18, effectively repealing the expanded tax reporting requirements in the Patient Protection and Affordable Care Act. The law had stipulated that, starting in 2012, firms would be required to file a Form 1099 to all vendors they pay $600 or more for goods and services annually. Construction […]
April 12, 2011
Roadbuilding
Diesel, gas continue to rise
The Department of Energy reported Monday that diesel prices rose 4.4 cents to a $3.976 per gallon national average. Gasoline also increased, rising to $3.684 cents per gallon, an 8.8-cent increase over the previous week. Compared with figures from the same week last year, diesel has risen more than 96 cents and gas has registered […]
April 5, 2011
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Senate repeals 1099 reporting requirements
The U.S. Senate passed H.R. 4 on Monday, effectively repealing the expanded tax reporting requirements in the Patient Protection and Affordable Care Act. The law had stipulated that, starting in 2012, firms would be required to file a Form 1099 to all vendors they pay $600 or more for goods and services annually. Construction associations […]
April 5, 2011
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