• Finance

The Government Cutting Paperwork? How Ironic.

Last year, we informed our members about potential new tax reporting requirements for freelancers. A new provision would require you to file 1099 forms with the IRS for all payments of $600 or more to a single vendor, like, say, Staples. What a headache. Fortunately, this issue is getting attention (President Obama mentioned it in his State of the Union), and the U.S. Senate could vote this afternoon to repeal the provision. (photo by Eva the Weaver, via Flickr)