Detailed text transcripts for TV channel - FOXNEWS - 20100709:16:07:00
1099irs form to anyone to whom it pays over $600 over a year. small business owners say they will be swamped with paperwork. >> it's going to be a tremendous amount of recordkeeping, and lots of paper flying around just to validate these payments. >> reporter: a republican member of congress agrees saying the law's impact is oppressive. he has 90 cosponsors for a measure to repeal the provision. >> if you go to a hardware store, buy a meal, go to a hotel you have to keep a running tab. think about the cost involve of keeping that tab, the accounting procedures involved particularly for small b...
Source: news source