Chiropractor's Wife!

Chiropractor's Wife!
Have Curves In All The Right Places?

Tuesday, February 14, 2012


Today is Valentines day. Happy Valentines day! The US Dept of Treasury kept all x thousand of our tax return and put it towards that old SBA loan we took out when we bought our practice. It wouldn't sting at all if it weren't for the fact that 2/3 of that money actually went towards a lien that the business had on it that we knew nothing about. Man we were so stupid! The other third went to payroll and operating expenses which we actually needed ALL of the loan for. We are thankful the Government gave us a shot at a small business administration backed loan. I wish we would have turned it down when they said, "Sure but for business acquisition only." We needed money to run the business and buy it but we had worked out payments with the owner. As you can imagine when we naively said yes and signed the line the owner was ecstatic to get paid and free of his 20K debt. So we found ourselves in the same boat of struggling day to day to stay in business while the owner was paid. To this day I am sure he still believes we owe him money. Sad huh?
Anyhow, I only resurrect these events to shed light on the Valentine gift from the US Government. I am sure we get to do this the next 20 years to boot. I won't complain. It is worth it when we consider all the federal student loans they will ultimately forgive in 25 years. Well worth all of our tax returns. Modern slavery in action.