Hidden Costs of 1099 Tax Provisions Remain in Health Care Bill

September 14, 2010

Of all the hidden costs now being discovered in the health care bill, one of the most concerning is Section 9006, which would place an unprecedented burden on small business reporting and paper work requirements. Read on to learn how this could impact title and settlement operations as an amendment to repeal this provision was rejected in the Senate.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue.