Covid-19 Shelter in Place: Paypal stopped my repayment drafts!
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  1. #1
    Senior Member Reputation points: 30747
    Join Date
    Aug 2016
    Posts
    486

    Quick update...

    So years ago I registered my company as an LLC and elected to be treated as a S corp. Due to that, every quarter I submit payroll taxes for my self and my employees.

    Because I pay payroll taxes on my wages, I deduced that even though I own the business, that I am still eligible to file for unemployment!

    I looked up info, and confirmed that is correct.

    So I just finished submitting my unemployment claim.

    At the end of the Unemployment Application, it told me all these various thing I have to do...
    * Waiting Week, something about not being able to be paid the 1st week of a claim..
    * Register for Work on some website in the next 3 days...
    * Search for Work on the website, and they even tell you how many searches you have to do.. On my application it says I must complete 0 searches though..
    * Request Payment, Every 2 weeks I have to submit some sort of payment request..

    There are some positives in going through all of this. I am having to deal with new things that I have never had to deal with before. Also I am having to learn new systems that I have never had to use before.

    I am just adding tools to my toolbox so to speak! Which will make me an even better "merchant".
    Last edited by Winning; 03-25-2020 at 05:37 PM.

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