It is a proposal that we would have to send a 1099 to anyone or any business that we pay $600 or more to in any one year. Current law requires you to do that with any individual, not a company, so you already have to send one to your tree trimmer. If we had to send one to anyone over 600 bucks, and businesses had to do the same with anyone they pay 600 to, including each other, the paperwork would be horrendous. Then hire more IRS people to check the paperwork! That"s why it makes no sense.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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