From WHIG.com ...
Quincy businessman Mike Nobis went to Springfield on Tuesday for an informational meeting on how the new health care law will affect businesses.
"I just about had a heart attack ... when I learned that in 2012 every business is going to have to do a 1099 (tax report) on every business-to-business transaction over $600," Nobis said.
Nobis wondered what those hundreds of business-to-business transactions have to do with health care. Experts with the National Federation of Independent Business speculate that the 1099 provisions were going to help generate fines when "16,000 new auditors" are hired by the Internal Revenue Service.
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