[we will still have to comply with the laws’ tax provisions incorporated in those laws. ]
No one will be able to fully comply with the 1099 law, it is very nebulous when you think about it.
First time I've seen that stipulated. My business (storefront combined with online retail) isn't involved in any way with health care, we're too small to be required by this new law as far as I've seen.
Assuming the worst however, that we're still required to report on customers and suppliers, I keep wondering if the mountains of paperwork won't force this 1099 requirement to go paperless. If the new congress could sneak in a provision that 1099's could be automatically generated with as much information as the retailer has collected at the point of sale, I think we could provide so much garbage information that no system could ever possibly sort it all out.
Just imagine every single sale from every business being emailed as a 1099 every time. I think we could overwhelm both the internet and the government to the point where they'd beg us to stop.
Better yet how about mass civil disobedience? Everyone just refuse to comply...tell Timmy and his apparatchiks to pound sand...