New 1099 tax rules may spur increase in technology adoption

05/20/2010 | Washington Post (tiered subscription model), The

New regulations tucked inside the health care reform law that will require businesses to file more 1099 forms may persuade some to adopt more advanced record-keeping technology. Hiring a bookkeeper is also an option for those without the time to enter account information into specialized software. The technology can give business owners a better sense of cash flow and make it easier to pull together tax returns, writes Joyce M. Rosenberg.

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