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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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. 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. ALTA ONE Sidebar Ad - Green and Blue