Small business owners all over my district have told me that the 1099 provision would hurt their business. Trish Date, who co-owns Rittenhouse Fuel Services with her husband and Perry Hall, said it would be "an administrative nightmare that would cost me thousands of dollars to implement." Last year, she used over 250 individual vendors that will now require 1099 forms to be printed, copied, mailed, completed, and sent to the vendors and the IRS. Her small family-owned business simply does not have the resources or capacity to handle this onerous regulation. Another business owner, Karen Oertel, whose family owns and operates the Harris Crab House on the eastern shore, said this 1099 mandate would be "overwhelmingly burdensome on my family business." Mr. Speaker, the 1099 provision is simply a job-destroying regulation that wastes precious time, labor, and money. If we want to create jobs tomorrow, I urge my colleagues to join me in repealing this awful provision now by supporting H.R. 4.
Editor's note · Context
The speaker addresses concerns from small business owners about the impact of the 1099 provision.
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