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Lawmaker takes aim at tax-reporting provision
Modern Healthcare

Rep. Daniel Lungren (R-Calif.) has introduced legislation to repeal a provision in the new health reform law that he believes will place a huge tax-reporting burden on small businesses.

The provision, scheduled to take effect in 2012, would require any business that purchases more than $600 worth of goods or services from another business to submit a 1099 tax form to the Internal Revenue Service, said Lungren, ranking member of the House Administration Committee, during a briefing.