The None of Our Businesses crew sit down to discuss the need for physical currency, the IRS sending stimulus checks to deceased recipients, Intuit’s layoffs, talks of a tax filing date extension, more about PPP loans, dependency on Airbnb, and the question of what happens if a business fails after receiving loans.

https://youtu.be/5w92_U5ru8U

Coin Supply – https://www.usatoday.com/story/money/2020/06/20/coronavirus-shortage-coin-supply-pennies-nickels-dimes-quarters/3230828001/

Deceased Payments – https://www.politico.com/news/2020/06/25/irs-stimulus-checks-dead-people-339530

Intuit Layoffs – https://www.accountingtoday.com/news/intuit-changes-tech-development-focus-lays-off-715

Tax Extension – https://www.accountingtoday.com/articles/mnuchin-says-he-may-consider-second-tax-due-date-extension

PPP Loans – https://www.forbes.com/sites/alangassman/2020/06/22/why-new-ppp-loan-rules-for-owner-employees-of-s-and-c-corporations-are-bad-news/#4ad50b88f669

Airbnb – https://www.wsj.com/articles/a-bargain-with-the-devilbill-comes-due-for-overextended-airbnb-hosts-11588083336

Loan Failure – https://www.cnbc.com/2020/06/24/heres-what-happens-if-a-business-closes-after-receiving-a-ppp-loan.html

The None of Our Businesses Episode 38, June 2020