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To: dynachrome

I know nothing about running a business but I’ve heard (and it sounds reasonable) that businesses sometime take short term loans to make payroll. There are lots of state laws I believe that make it very expensive to miss a payroll — especially the workers comp and taxes!


8 posted on 09/24/2008 3:17:14 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: WilliamofCarmichael

“make it very expensive to miss a payroll — especially the workers comp and taxes!”

Notice that it is the gov’t not getting it’s cut, not the employees. I dunno if you are correct either, but don’t pay the IRS gestapo or the state equivalent and your company will be gone.


10 posted on 09/24/2008 3:19:40 PM PDT by dynachrome (Henry Bowman is right)
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