Bailout and payroll

Discussion in 'Ask An Owner Operator' started by ncdriver1, Mar 26, 2020.

  1. sealevel

    sealevel Road Train Member

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    Everyone is soon getting ready to find out the government can't help. If the government really wanted to help they would send every American masks and gloves and put the country back to work. It's the only solution.
     
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  3. snowwy

    snowwy Road Train Member

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    If the govt really wanted to help. They would have planned for this last year. Instead of claiming hoax and witchhunt.

    If they wanted to help. They would be doing their flipping job. Instead of sitting on their A--

    How many people have needlessly died so far because he did nothing? He had 3 months warning.
     
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  4. Rideandrepair

    Rideandrepair Road Train Member

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    The application asks for costs of goods sold. What # are they looking for? Schedule k ? All my costs of doing bussiness? Losses?
     
  5. JonJon78

    JonJon78 Road Train Member

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    Get real
     
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  6. snowwy

    snowwy Road Train Member

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    That's as real as it gets.

    Got it recorded on my TV too.
     
  7. Wespipes

    Wespipes Road Train Member

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    You would put zero there. Did you buy anything to resell it? I had a problem with his one too
     
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  8. Wespipes

    Wespipes Road Train Member

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    Nah you're prob still good. If you filled on the 30th you should get an email update today or tomorrow at the latest. That's when I did mine
     
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  9. Banker

    Banker Road Train Member

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    If you use a CPA you may want to talk to them before you submit the forms. My bank sent me the wrong grant application and when I called the CPA to ask for tax info the CPA informed me that particular grant wouldn’t work for me. He did explain that there were multiple programs available and is now working on the grant, IE paycheck protection plan that does work for me. He also said the system is overwhelmed now and don’t expect a quick response.
     
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  10. Scooter Jones

    Scooter Jones Road Train Member

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    From the SBA website regarding the $10,000 EDIL advance:

    "Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid."

    The key point is "successful application."

    I am very skeptical that folks who applied for this advance 3 days ago are going to wake up today with 10 grand in their bank accounts.
     
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  11. Tropsnart

    Tropsnart Road Train Member

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