{"id":46,"date":"2011-04-24T22:52:36","date_gmt":"2011-04-24T22:52:36","guid":{"rendered":"http:\/\/ua-cpas.com\/blog\/?p=46"},"modified":"2011-04-24T22:52:36","modified_gmt":"2011-04-24T22:52:36","slug":"repeal-of-1099-information-reporting-requirements","status":"publish","type":"post","link":"https:\/\/www.ua-cpas.com\/blog\/index.php\/2011\/04\/24\/repeal-of-1099-information-reporting-requirements\/","title":{"rendered":"Repeal of 1099 information reporting requirements"},"content":{"rendered":"<p>Congress repealed expanded 1099 information reporting requirements! On April 5th, the Senate approved the &#8220;Comprehensive 1099 Taxpayer Protection&#8230;Act of 2011&#8221;. This act retroactively repeals the expanded Form 1099 information reporting rules. As a result the original information rules remain which generally required payments totalling at least $600 in a single calendar year to a single recipient to be reported to the IRS. Reporting on Form 1099 is required only when the payor is considered to be engaged in a trade or business and has made payments in connection with that trade or business. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congress repealed expanded 1099 information reporting requirements! On April 5th, the Senate approved the &#8220;Comprehensive 1099 Taxpayer Protection&#8230;Act of 2011&#8221;. This act retroactively repeals the expanded Form 1099 information reporting rules. As a result the original information rules remain which generally required payments totalling at least $600 in a single calendar year to a single [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,22],"tags":[],"class_list":{"0":"post-46","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-small-business-forum","7":"category-tax-tips-for-individuals","8":"entry"},"_links":{"self":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/46","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":0,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/46\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=46"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=46"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}