I have an online biz that depends on sporting events, concerts, etc. Friday I sent my website guy an email telling him to suspend everything. At the same time I told our vendor what we were doing and why. But!!!!! All my yearly expenses are due around the end of the month and first of April. Total about $4k. And I haven’t done our taxes yet but we usually wind up owing the feds about $10k. So yeah we’re screwed between refunding money for cancelled events and the rest of it.
April 15th is looming like a thunderstorm on the horizon.
I know how you feel about taxes due. We also have a 10k payment due then and typically in past years with new deposits and work coming in it’s not even a blip on the radar. This year it’s a 800 pound gorilla on my shoulder.