Last I heard, Jan 1, 1012.
I am a bookkeeper for 2 small businesses, which are one-man operations, & I am pretty sure I will not be able to comply with the demands of that new ruling.
It will apply to every drop of fuel that my clients buy in doing their installaions & service of their products. They re both in Los Angeles area, & lots of those gas stations are run by immigrants. I don’t see getting accurate information from such vendors. Won’t happen.
I don’t see getting accurate information from such vendors. Won’t happen.”
I don’t see those saem immigrants who run the gas stations sending out proper 1099’s to every one of their customers, either.
The details of this bill are beyond a nightmare.