tax reporting News

Report Criticizes Insurance Tech Firm Ebix’s Financials; Firm Refutes Allegations

Ebix Inc., a major provider of software and e-commerce products for the insurance industry, saw its stock price fall more than 25 percent Thursday, Feb. 21, after a research report critical of Ebix’s financial reporting began to circulate online. The …

Senate Sends Repeal of Healthcare Law’s 1099 Tax Provision to Obama

In an 87-12 vote, the Senate has passed a repeal of the new IRS 1099 tax reporting provision contained in the major federal healthcare reform law. The bill — H.R.4, the Small Business Paperwork Mandate Elimination Act of 2011 — …