$10,000 EIDL GRANT
Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.
Page 42 of 133
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We started as S corporation and last December we decided to switch so that we will pay ourselves but the business income dropped between $133,000 to $150,000.
So my question is how can you pay from this amount knowing that it is not much? -
Talk to a good accountant before using any kinds of software -
Thank you much! -
For some people who have a very low overhead, $133,000 to $150,000 revenue would be a decent income after expenses. -
That is our gross income though,
After expenses probably $70,000
We don’t really run as much, only 5 days a week throughout the year.
Thank you sir. -
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I may have questions about things that I have doubt or am trying to get other opinion on but it doesn’t means that I have no clue. You’re entitled to your opinion.
I appreciate that you took time out of your busy schedules to respond.
Have a good night!Blackhorse77 Thanks this. -
That money is finished now and each business get 1000 per employee you have. I am so sorry, The money is gone by now.... we applied and got none, not even a call from local adjuster.
So forget about it and go get some loads brother. -
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