The 1099 reporting requirements in the health care bill are absolutely insane, forcing businesses to track purchases by vendor, obtain tax ID information, and file 1099s to the IRS and vendor any time you do more than $600 worth of business with that vendor over the year. It'll be an absolute nightmare for any small business, for the tracking, the paperwork, and come tax season when you have to wait around for all those 1099s which may or may not show up because compliance will of course be spotty... because it's nuts.
