On February 2nd, the Senate voted on multiple topics related to the 1099 reporting requirements as part of the FAA reauthorization bill. The first was a repeal of the 2010 Patient Protection Affordable Care Act (aka, the health care law). The health care repeal failed in a 51 to 47 vote. The second was a [...]
Take positive actions in your AP and Shared Services planning this year to improve processes and increase efficiencies.
What President Obama Really Said About 1099 Reporting Requirements in His 2011 State of the Union Address
As soon as the speech ended, there was a flurry of interpretations about its potential implications on health care reform and the 1099 reporting requirements that are part of the funding provisions. Just a day before the State of the Union, the Senate picked up the repeal effort on the 1099 tax provision. Let’s take [...]
Find out the latest information about the 1099 reporting changes as they are being discussed in the U.S. House of Representatives
In my last post, I focused on how our customers have reacted to SAP Ventures’ investment in Lavante. Here, I’d like to present why I think this move offers very good news for the financial/AP audience. The recovery audit industry has increased the demand for real solutions that move beyond the manual processes of traditional [...]