Health Care Bill Hides a 'Paperwork Nightmare' ; at Least One Local Business Says It Will Close Rather Than Comply

Summary


Staff Writer

If a little-known provision in the new federal health care bill goes into effect, a local coin dealer said he likely will close his business.

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Extract


Health Care Bill Hides a 'Paperwork Nightmare' ; at Least One Local Business Says It Will Close Rather Than Comply

Tom Schell, owner of Security Rare Coins on Lititz Pike for 31 years, said a new IRS reporting requirement might mean filing 4,000 more forms a year and hiring an employee to keep up.

"I probably wo...

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