The controversial 1099 filing provision for small businesses was voted down by the Senate.

If you’re a small business owner, youll be pleased to know that the Senate recently repealed the onerous 1099 filing provision created by the healthcare overhaul. As Gaebler reports and Robb Mandelbaum of The New York Times discusses, the Senate has passed a measure to repeal the expanded 1099 report provisions and President Obama has expressed that he would welcome the repeal. The burden of such expanded provisions is something that many small businesses have dreaded, requiring companies to file a 1099 form for each vendor with whom they spend more than $600 in goods or services over the tax…

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