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FedEx Discussions
FedEx contractor revolt?
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<blockquote data-quote="instiches" data-source="post: 5354362" data-attributes="member: 58224"><p>PPP was not enough to keep a company going. I plowed 4x that amount into new trucks last year and that wasn't even enough for our covid growth. The ERC cash is significant and allows contractors an exit ramp without having to sell, but most contractors who are going down the ERC route are playing with fire. The justifications these firms are putting together is complete bull<img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" /> and a straight up bet that they won't be audited. It's tax fraud.</p></blockquote><p></p>
[QUOTE="instiches, post: 5354362, member: 58224"] PPP was not enough to keep a company going. I plowed 4x that amount into new trucks last year and that wasn't even enough for our covid growth. The ERC cash is significant and allows contractors an exit ramp without having to sell, but most contractors who are going down the ERC route are playing with fire. The justifications these firms are putting together is complete bull:censored: and a straight up bet that they won't be audited. It's tax fraud. [/QUOTE]
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