Hold on - Stop the presses ! ! ! I'm mad

Jack Matyas · 04-02-2020, 11:39 AM

Many subjects have been covered lately since this COVID-19 crap has started but no one has talked about unemployment insurance - are all you guys (and gals) too proud to talk about it ? Well lets start - in Pennsylvania many,many businesses have been forced to close - it's legal to sell beer and wine but you can't sell a car .Yesterday the lawn guys were at my house to 'weed and feed' my lawn but my car lot is closed .Go figure.It's ok to get an oil change but my dentist is closed .

In my almost six decades of employment here I've paid unemployment taxes in both Pennsylvania and New Jersey and in all that time I've collected once - and it lasted ONE DAY.Yesterday I told that to someone who replied that the money should go to people who need it - and I told that person to leave. .Now as a senior the state has forced me to close and sign up .And lay off employees .This would be better if I could go race but even that has been taken away. After almost two weeks of sitting in my office bored I can't stand it - I want to open the window and shout out that famous movie line - "I'm mad as Hell ........you know the rest.

All that plus I'm tired of sitting down to dinner every night and listening to our Presidents 'Gloom and Doom' on TV. When will it end ?????

Glenn Briglio · 04-02-2020, 12:10 PM

So as an owner of your company you can collect unemployment monies?

Randall Klein · 04-02-2020, 12:27 PM

E ZEEEE Jack, wait til June before going bonkers

Jack Matyas · 04-02-2020, 12:27 PM

Quote:

Originally Posted by Glenn Briglio

So as an owner of your company you can collect unemployment monies?

Yes- My company is a corporation - I am President and an employee who pays unemployment taxes to the state and according to my accountant I did the right thing by filing for compensation benefits .That said I have not received any money yet .

stage1scott · 04-02-2020, 12:56 PM

Quote:

Originally Posted by Jack Matyas

Yes- My company is a corporation - I am President and an employee who pays unemployment taxes to the state and according to my accountant I did the right thing by filing for compensation benefits .That said I have not received any money yet .

same boat here Jack-signed up last night. While we are technically "open" for repairs, NO ONE is driving their cars, so NO ONE needs to repair their cars and NO ONE is spending money at the moment-3 oil changes last week.
As an aside, tell me you went to the sba website and signed up for the "forgiveable" 10k loan! If you didn't, do it now! it is aimed at guys like us.....

start here https://www.sba.gov/funding-programs...ter-assistance

rognelson777 · 04-02-2020, 11:09 PM

Quote:

Originally Posted by Jack Matyas

Yes- My company is a corporation - I am President and an employee who pays unemployment taxes to the state and according to my accountant I did the right thing by filing for compensation benefits .That said I have not received any money yet .

think about the benefits you do get already, do you expense your racecars, your fuel, your motorhome and trailer? aiutomotive business owners that race usually deduct, expense as advertising, enjoy the benefits you have and have a little consideration for others, like the 3 racers from division 3 that just died or the 1 month old that just passed. imagine how those parents feel.

stage1scott · 04-03-2020, 12:58 AM

Quote:

Originally Posted by rognelson777

think about the benefits you do get already, do you expense your racecars, your fuel, your motorhome and trailer? aiutomotive business owners that race usually deduct, expense as advertising, enjoy the benefits you have and have a little consideration for others, like the 3 racers from division 3 that just died or the 1 month old that just passed. imagine how those parents feel.

I think you are missing Jacks point-he doesn't WANT to collect unemployment, he wants to WORK.

Jack Matyas · 04-03-2020, 10:50 AM

Quote:

Originally Posted by rognelson777

think about the benefits you do get already, do you expense your racecars, your fuel, your motorhome and trailer? aiutomotive business owners that race usually deduct, expense as advertising, enjoy the benefits you have and have a little consideration for others, like the 3 racers from division 3 that just died or the 1 month old that just passed. imagine how those parents feel.

I'm not sure I understand your post - I do feel for folks who have been affected by the virus but me ( or anyone for that matter ) getting unemployment compensation has nothing to do with them - please explain to us .

rognelson777 · 04-03-2020, 07:57 PM

i guess i was making 2 points to counter your 2 points, 1 being shut down and 2 not collecting unemployment. 1 your business is shut down to hopefully keep you, your employees and customers safe from this virus that has killed 3 racers and is highly contageous. 2 you were complaing that you cannot collect unemployment as a business owner, my point was you get many tax benefits as a business owner to fund your racing operation which far outweighs what you will get in unemployment. so let it go. by the way you can now apply for a loan as a business owner that up to 50pct will not have to be paid back if you can show 25pct was used for payroll and 25pct is used for rent/expenses.

dartman · 04-02-2020, 12:51 PM

Quote:

Originally Posted by Jack Matyas

Many subjects have been covered lately since this COVID-19 crap has started but no one has talked about unemployment insurance - are all you guys (and gals) too proud to talk about it ? Well lets start - in Pennsylvania many,many businesses have been forced to close - it's legal to sell beer and wine but you can't sell a car .Yesterday the lawn guys were at my house to 'weed and feed' my lawn but my car lot is closed .Go figure.It's ok to get an oil change but my dentist is closed .

In my almost six decades of employment here I've paid unemployment taxes in both Pennsylvania and New Jersey and in all that time I've collected once - and it lasted ONE DAY.Yesterday I told that to someone who replied that the money should go to people who need it - and I told that person to leave. .Now as a senior the state has forced me to close and sign up .And lay off employees .This would be better if I could go race but even that has been taken away. After almost two weeks of sitting in my office bored I can't stand it - I want to open the window and shout out that famous movie line - "I'm mad as Hell ........you know the rest.

All that plus I'm tired of sitting down to dinner every night and listening to our Presidents 'Gloom and Doom' on TV. When will it end ?????

Maybe by September or October

04-02-2020, 11:39 AM	#1
Jack Matyas Live Reporter Join Date: Nov 2001 Location: Bethlehem , PA -Christmas City , USA Posts: 4,927 Likes: 406 Liked 2,050 Times in 398 Posts	Hold on - Stop the presses ! ! ! I'm mad Many subjects have been covered lately since this COVID-19 crap has started but no one has talked about unemployment insurance - are all you guys (and gals) too proud to talk about it ? Well lets start - in Pennsylvania many,many businesses have been forced to close - it's legal to sell beer and wine but you can't sell a car .Yesterday the lawn guys were at my house to 'weed and feed' my lawn but my car lot is closed .Go figure.It's ok to get an oil change but my dentist is closed . In my almost six decades of employment here I've paid unemployment taxes in both Pennsylvania and New Jersey and in all that time I've collected once - and it lasted ONE DAY.Yesterday I told that to someone who replied that the money should go to people who need it - and I told that person to leave. .Now as a senior the state has forced me to close and sign up .And lay off employees .This would be better if I could go race but even that has been taken away. After almost two weeks of sitting in my office bored I can't stand it - I want to open the window and shout out that famous movie line - "I'm mad as Hell ........you know the rest. All that plus I'm tired of sitting down to dinner every night and listening to our Presidents 'Gloom and Doom' on TV. When will it end ????? __________________ Jack Matyas 1547 FS/C 2015 Camaro COPO # 62- 2012 Camaro Convertible COPO

04-02-2020, 12:10 PM	#2
Glenn Briglio VIP Member Join Date: Nov 2002 Location: Massapequa Park,NY Posts: 1,281 Likes: 1,892 Liked 969 Times in 307 Posts	Re: Hold on - Stop the presses ! ! ! I'm mad So as an owner of your company you can collect unemployment monies? __________________ 1989 Camaro Iroc-Z I/SA B&B Auto Machine Shop.

04-02-2020, 12:27 PM	#3
Randall Klein Senior Member Join Date: Dec 2002 Location: Lincoln, Nebraska Posts: 785 Likes: 45 Liked 316 Times in 67 Posts	Re: Hold on - Stop the presses ! ! ! I'm mad E ZEEEE Jack, wait til June before going bonkers

04-03-2020, 07:57 PM	#9
rognelson777 Member Join Date: Dec 2010 Posts: 376 Likes: 20 Liked 135 Times in 74 Posts	Re: Hold on - Stop the presses ! ! ! I'm mad i guess i was making 2 points to counter your 2 points, 1 being shut down and 2 not collecting unemployment. 1 your business is shut down to hopefully keep you, your employees and customers safe from this virus that has killed 3 racers and is highly contageous. 2 you were complaing that you cannot collect unemployment as a business owner, my point was you get many tax benefits as a business owner to fund your racing operation which far outweighs what you will get in unemployment. so let it go. by the way you can now apply for a loan as a business owner that up to 50pct will not have to be paid back if you can show 25pct was used for payroll and 25pct is used for rent/expenses.