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Mar 17, 2020
12:12
:34
pm
kotacoug
Intervention Needed
Have you run a small business before?
Cash flow is a major obstacle
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kotacoug
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kotacoug
Joined
Jul 20, 2002
Last login
May 26, 2024
Total posts
80,873 (4,696 FO)
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Messages
Author
Time
What was the purpose of postponing the tax filing deadline? What problem does it solve?
supertux
Who?
3/17/20 12:09pm
Appeasing the masses with token gestures
Indy Coug
3/17/20 12:10pm
Well, some people will owe taxes, so I guess that eases their burden
buffgato
3/17/20 12:10pm
Solves a liquidity problem many individuals and businesses have currently
cougarfann888
3/17/20 12:10pm
Have you run a small business before?
kotacoug
3/17/20 12:12pm
Yeah, but not during a recession. I see your point.
supertux
3/17/20 12:13pm
Payment, not filing, has been extended 90 days
dratax
3/17/20 12:14pm
Well, I prepare taxes and it's hard to do that when I can't meet with my clients
Blue Print
3/17/20 12:14pm
I owe at filing every year because of a family partnership. I have no idea what
Hoopster
3/17/20 12:24pm
From your description, you may have met one of the exceptions to a penalty
dratax
3/17/20 12:48pm
I appealed the penalty to the state (I paid the interest) and they denied my
Hoopster
3/17/20 12:52pm
What state?
dratax
3/17/20 2:54pm
Utah - Of course they're also one of 13 states to tax SS income. When I retire
Hoopster
3/17/20 5:58pm
I’ll owe so this is great. Keep my money longer
Hank Rearden
3/17/20 12:25pm
I have a very significant chunk due and I have the money for it. BUT I'm also
BYUfan92
3/17/20 12:54pm
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