{"id":2861,"date":"2019-10-17T20:02:27","date_gmt":"2019-10-17T20:02:27","guid":{"rendered":"http:\/\/www.www.idahoinsuranceagency.com\/?p=2861"},"modified":"2023-07-20T18:14:42","modified_gmt":"2023-07-20T18:14:42","slug":"obama-signs-1099-repeal-bill","status":"publish","type":"post","link":"https:\/\/www.idahoinsuranceagency.com\/obama-signs-1099-repeal-bill\/","title":{"rendered":"Obama Signs 1099 Repeal Bill"},"content":{"rendered":"<p><a title=\"\" href=\"http:\/\/www.washingtonpost.com\/blogs\/2chambers\/post\/obama-signs-repeal-of-health-care-laws-1099-tax-reporting-rule\/2011\/04\/14\/AFRhYjeD_blog.html\" target=\"_blank\" rel=\"noopener noreferrer\">The Washington Post<\/a>\u00a0(4\/15, Sonmez) \u201c2chambers\u201d blog reports, \u201cThe move marked the first successful effort by Congress to repeal a portion of Obama\u2019s signature health-care legislation.\u201d Last week, the Senate \u201cvoted 87-to-12 to repeal the 1099 provision. The House passed the measure in March on a bipartisan 314-to-112 vote.\u201d The White House announced that the President had signed the bill into law, and said that the measure \u201crepeals the expansion in the Affordable Care Act of requirements for businesses to report information to the Internal Revenue Service on payments for goods of $600 or more annually to other businesses and increases the amount of overpayment subject to repayment of premium assistance tax credits for health insurance coverage purchases through the Exchanges established under the Affordable Care Act.\u201d<br \/>\n<a title=\"\" href=\"http:\/\/www.reuters.com\/article\/2011\/04\/14\/us-usa-taxes-healthcare-idUSTRE73462D20110414\" target=\"_blank\" rel=\"noopener noreferrer\"><br \/>\nReuters<\/a>\u00a0(4\/15, Zakaria) quotes the President as stating, \u201cI was pleased to take another step to relieve unnecessary burdens on small businesses.\u201d He added, \u201cSmall business owners are the engine of our economy and because Democrats and Republicans worked together, we can ensure they spend their time and resources creating jobs and growing their business, not filling out more paperwork.\u201d\u00a0<a title=\"\" href=\"http:\/\/www.bloomberg.com\/news\/2011-04-14\/obama-signs-law-repealing-business-tax-reporting-mandate-1-.html\" target=\"_blank\" rel=\"noopener noreferrer\">Bloomberg News<\/a>\u00a0(4\/15, Rubin) also covers the story.<\/p>\n<p>Know your options; make contact with professional broker consultants<\/p>\n<p>IDAHO INSURANCE AGENCY LLC<\/p>\n<p>Paul King and Charlotte Hildebrandt<br \/>\n1650 Albright Ln #101<br \/>\nBoise, Idaho 83709<br \/>\n208-377-7101<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washington Post\u00a0(4\/15, Sonmez) \u201c2chambers\u201d blog reports, \u201cThe move marked the first successful effort by Congress to repeal a portion of Obama\u2019s signature health-care legislation.\u201d Last week, the Senate \u201cvoted 87-to-12 to repeal the 1099 provision. The House passed the measure in March on a bipartisan 314-to-112 vote.\u201d The White House announced that the President [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Obama Signs 1099 Repeal Bill - Idaho Insurance Agency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.idahoinsuranceagency.com\/obama-signs-1099-repeal-bill\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obama Signs 1099 Repeal Bill - Idaho Insurance Agency\" \/>\n<meta property=\"og:description\" content=\"The Washington Post\u00a0(4\/15, Sonmez) \u201c2chambers\u201d blog reports, \u201cThe move marked the first successful effort by Congress to repeal a portion of Obama\u2019s signature health-care legislation.\u201d Last week, the Senate \u201cvoted 87-to-12 to repeal the 1099 provision. 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