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President Obama signed H.R. 4 into law, a bill that repeals the 1099 reporting requirement that would have required all businesses to submit Form 1099s to the IRS and to any business with which it purchased $600 or more in goods or services in a year, creating a tremendous paperwork and compliance burden for businesses of all sizes.  Read the statement from the White House . For more information, contact Karen Lapsevic at (202) 547-4733 or lapsevick@agc.org.