Tom Henschke, president of the SMC Business Councils, a Pennsylvania-based network that provides support for small and midsize businesses, on a little-known provision in the health care reform bill that will massively expand the requirements for businesses to file 1099-Misc forms, starting in 2012:

“Just with business travel, it would include hotels, rental cars. Phone service: 1099. Computer service: 1099. Whoever does your postage meter: 1099. You do a little advertising, Yellow Pages: 1099. Your landlord: 1099. You might as well just keep them in your pocket and hand them out as you go around every day.”

Henschke’s organization was among the first to call attention to the provision, which requires a 1099 for all business purchases and payments above $600 per calendar year, according to a report from CNNMoney.com. ###