[FoRK] 1099 will end the world in 2012

Sean Conner sean at conman.org
Fri Jul 23 12:38:33 PDT 2010


It was thus said that the Great Ken Ganshirt @ Yahoo once stated:
> 
> I don't know if you're watching for responses. I have to disagree with one
> of your observations. I think for the class most impacted by this -- small
> businesses and the self-employed, it may well be preferable to suffer the
> nuisance of spreading the purchasing around than to have to do the
> paperwork. Unless they can find, say, a single supplier who can satisfy
> all their needs.

  So can anyone explain *why* businesses need to send 1099 to their vendors? 
And does this mean that companies that contribute to politicians also need
to send the politicians a 1099 for services rendered?  

  -spc (Who always gets several 1099s every year ... )





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