NAM applauds Senate vote to repeal 1099 reporting requirement.
Press Release Summary:
April 8, 2011 - According to Aric Newhouse, NAM Senior VP for Policy and Government Relations, the 1099 reporting requirement is a burdensome and costly administrative process forcing manufacturers to spend more time filing unnecessary paperwork than providing goods and services. Manufacturers urge the President to sign H.R. 4, the Small Business Paperwork Mandate Elimination Act into law quickly, which will remove financial burden on manufacturers and allow them to help create jobs.
Original Press Release
Manufacturers Applaud Senate Vote to Repeal 1099 Reporting Requirement
Press release date: April 5, 2011