With Congress set to pass a $2 trillion stimulus package that includes increased incentives to keep workers on the payroll and an additional $600 in weekly unemployment benefits from the federal government, these effects could be somewhat ameliorated, but only for a short period of time.

However, I have not used them and cannot speak from experience.The most common tool I see used is still excel and quickbooks (accounting, payroll and payments in one). 

It also seems rent payment defaults will increase for May rent since there are delays disbursing unemployment benefits and payroll protection loans.

That will give you something to register against in the second, eg payroll taxes, etcThat’s the short of it

Total Income- 105,250Expenses - 6,400Commissions / payroll - 28,600NET PROFIT - 70,250Profit Margin - 67% What made you interested in investing in this type of deal?

How sophisticated were your buyers?

You guys are much more sophisticated and educated on these topics and ideas.

My thought is that the government is pouring money into peoples pockets and this will prevent a recession (additional $600/week in unemployment payments for 39 weeks, stimulus checks, forgivable loans to small businesses who keep people on payroll, pay mortgages, and utilities). 

Things like massive car payments, huge house payments, credit card bills, expensive office leases, overhead, payroll, ect… I am thankful for having low overhead in normal times because it gives me more options in my personal and professional life.

I don't pay myself or my wife any salary, my business tax return claims a profit or loss, and that is my taxable business income for the year, which this past year of 2019 had a slight loss, while 2018 had a small profit.So I have no payroll, just 1099's to independent subcontractors who do not work for me on a regular basis.And I have no payroll to ourselves.