Here too. Trucks are paid for in cash so we can write off mileage instead of interest or lease payments. Makes a huge difference adding mileage up, still beats gas and maintenance for us.
Our latest challenge for our employees..
- Thread starter Mark Saiger
- Start date
Here too. Trucks are paid for in cash so we can write off mileage instead of interest or lease payments. Makes a huge difference adding mileage up, still beats gas and maintenance for us.
Be careful fellas. Just had someone posing as Boa call up(lol, Sunday) and try to get (loan - ppp)info from us.
Wouldn't even tell me what the call was about til I gave them personal(s.s and bday) info...
Wouldn't even tell me what the call was about til I gave them personal(s.s and bday) info...
F
FB7777
Guest
Anybody that hands out that information over the phone deserves to get fleeced
KevinD
Member
Why would you be getting a Stimulus check? I would think your income is too high. I thought you were a "Baller"
No check for me-- my income is too high.
Maybe next year I'll qualify--
Yeah, I've noticed that on a lot of different industry chat boards.
Known high rollers or ballers admitting to getting a 1200 or 2400 check.
No check for me or the wifey either.
clean image
Member
From what i understand, AGI under 198k for couple to qualify
And the higher AGI, the longer you wait, with finial checks not going out till late july + september
If that is true, kevid D, someone not being honest
And the higher AGI, the longer you wait, with finial checks not going out till late july + september
If that is true, kevid D, someone not being honest
Dolly Llama
Number 5
I don't care who funded or organized it .
I support it
I'm not sure of that, John
Haven't looked at any polls to see if they match my "finger in the wind-o-meter"
now if you asked, WHO THE HELL WOULD WANT TO go back to work if collecting more than their work wage ...that's a different color horse
..LT.A.
Papa John
Lifetime Supportive Member
Since my wife isnt a citizen-- it seems she dont count.
I didnt have any large equipment purchases last year.
Papa John
Lifetime Supportive Member
I support it as well.
You should be free to treat your body as you wish-- thats why im pro-abortion.
As with any Poll, it depends on the demographics of those polled. I think different polls put the "stay closed" votes at around 78%.
F
FB7777
Guest
if I’ve fallen from “baller’ status in your eyes I can live with that
it Ain’t what you make, it’s what you keep
Max your SEP IRA to 25% to reduce your tax burden, if you are a lone wolf or have 1-2 employees to match contributions , it’s a huge benefit
if I’ve fallen from “baller’ status in your eyes I can live with that
it Ain’t what you make, it’s what you keep
Max your SEP IRA to 25% to reduce your tax burden, if you are a lone wolf or have 1-2 employees to match contributions , it’s a huge benefit
Is the min 3% for that employee match? Looks like the next step for us granted it’ll probably have to wait till next year to provide that
Kenny Hayes
Member
I still haven’t gotten anything period. But it’s adjusted gross income. Up to 150k for couples. Over 150k, it’s $5 per 100 deducted over 150 to 198k. Also, the unemployment insurance rate is not in effect during this time.
Kenny Hayes
Member
If you fellas are making over $198k, you need a new CPA!
Papa John
Lifetime Supportive Member
if I’ve fallen from “baller’ status in your eyes I can live with that
it Ain’t what you make, it’s what you keep
Max your SEP IRA to 25% to reduce your tax burden, if you are a lone wolf or have 1-2 employees to match contributions , it’s a huge benefit
You are still a "baller" to me
I preferred to fund my retirement at only 10%---I didn't want to lockup too much of my funds.
I had enough in my account before the collapse.
Papa John
Lifetime Supportive Member
I doubt I'll make that much this year.
Papa John
Lifetime Supportive Member
looks like the treasury deposited $2000 into my account. 
.
Lee Stockwell
FOJL
Fred gave them a call
Kenny Hayes
Member
Well, you’re 2k closer to it
And what the hell, why don’t he call for me!
F
FB7777
Guest
eggsactly ....
Please have him call on my behalf! Lol
What’s the ol saying a good cpa is worth their weight in gold!
Papa John
Lifetime Supportive Member
F
FB7777
Guest
At this point, I only employ my son Matt... I match the 25 % contribution but he’s my kid
my Understanding is you are required to fund all SEP participants equally
clean image
Member
over 198 puts you into next tax bracket for any over.
I believe the match is required to qualify for "safe harbor". There are other options
I believe the match is required to qualify for "safe harbor". There are other options
Mikey P
Administrator
thats good news, your lifetime supportive membership payment is due..
Lee Stockwell
FOJL
Sounds like a real preacher angling for widows' stimulus checks.
hogjowl
Idiot™
Prayer rags replacing dog tags
SamIam
Member
Saiger" data-source="post: 4697898" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">Get outta Florida and back on the wand.Our guys make way more money on Minnesota unployment then we can really match... And up until end of July.
MN... Land of 10,000 taxes and "Warm Fuzzy Care Bear we will take care of you to sit at home and do nothing"
Governor waffled yesterday in opening up the State. Only allowing workers with no real contact back to work... And a lot of those workers mad... More money sitting and collecting.
Putting us in a bad position. Our kids get it and know we need to work if want to keep this business alive to have a living... But it really sucks being put in this position! We are tying to come up with a solution... And as with many, no small business owners help... Many local businesses not even as fortunate as us to at least have some income coming in to try and cover some business expenses.
This might get moved into a different room if gets too political....
Just want to share a current business problem for us. Best wishes to all going through this too.
And this article came up last night
She got a forgivable loan. Her employees hate her for it.
One small business owner got a Paycheck Protection Program loan. Her employees are furious.www.cnbc.com
We all gonna be skipping miky fest for awhile.
And grinding to survive.
This ain't no bump in the road its a long hard hit in our future.
SamIam
Member
I didn't get one my kids did and they are still getting a paycheck.
SamIam
Member
Yeah don't talk to telemarketers
