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3 Things You Should Know About Small Business: Feb. 10

Tickers in this article: CMG

NEW YORK (MainStreet) -- What's happening in small business today?

1. 1099-K reform. Starting with the 2011 tax season, the Internal Revenue Service is requiring businesses, particularly e-commerce retailers, to adhere to the reporting requirements of the 1099-K form on debit and credit card receipts.

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