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The National Automatic Merchandising Association (NAMA) is requesting that its members, many who are also coin-operated amusement operators, to join a grassroots protest against the implementation of a provision of the new federal “Obamacare” health plan.
It requires all businesses to file a 1099 tax form with the Internal Revenue Service (IRS) whenever the company pays a supplier or service provider more than $600 in the course of a year.
That could mean a paperwork overload for companies dealing with thousands of small and large vendors. The prospect of every company having to perform this task for every company they deal with has caused an uproar within the business community. A bipartisan group of elected officials in both houses of Congress aims to repeal the measure.
However, with the U.S. Congress out of session until after the November election, the timetable is uncertain.
