Policy Change Proposal Section I Assignment Example | Topics and Well Written Essays - 250 words

Policy Change Proposal Section I - Assignment ExampleIf changed, businesses will suck to issue form 1099 to all corporations and individuals that defy $600 or more in merchandise or run annually to the business.The Health Care Act has expanded, in two meaningful ways the obligation to give form 1099s. In the first instance, businesses are required to issue these forms, not just to individuals, but overly to corporations. In the second instance, the threshold of $600 is triggered by merchandise purchases, as well as for services (Estes & Williams, 2013). outset in 2013, therefore, all funeral parlors will be required to issue forms 1099 to utilities, phone companies, and insurance companies, auto dealers, embalming changeful suppliers, monument companies, cemeteries, vault sellers, and casket sellers. The small problems faced by funeral homes in January is set to become a nightmare with regards to paperwork, especially since the payments need to be tracked, tax ID addresses and n umbers collected, as well as subject of multiple form 1099s. This onerous provision needs to be repealed by congress through advocacy by business groups and other independent workers (Kluwer, 2012). The issue should also be brought to the attention of the Small line of merchandise Administration of the United