With the Senate’s passage of the repeal measure with strong bipartisan support, hopes for House approval are running high. An association-backed legislative repeal of the new tax Form 1099 paperwork requirement is now moving through Congress, and hopes for the measure ultimately becoming law are high. On Feb. 2, the Senate approved the repeal, which took the form of an amendment to a broader bill, reauthorization of the Federal Aviation Administration. The Senate approved the repeal amendment by a wide 81-17 margin; the strong bipartisan support augurs well for its ultimate success, observers say. Early 2011 House approval possible “There’s a lot of momentum behind it,”… Read More