Kibin received a check from the US Treasury today. Our mail goes to a company that scans it and gives us the option to have them open it, scan all pages, forward it, shred, etc. We do this because we’re a remote team, and I love it.
I wasn’t expecting anything from the US Treasury, and I only knew it was a check because of the clear envelope window on the front and the distinct, visible coloring of the check’s face. We used to receive quarterly checks for the R&D Tax Credit but we’ve since exhausted that program. Usually I’d just have those forwarded without having them opened and scanned.
But this one was unexpected, so I thought I’d kill the suspense of waiting for it to arrive and have it opened.
I’m glad I did; I could not believe my eyes.
I literally thought I was misreading the numbers.
$21,735.44 — yup, a bit surprising!
I shared the news with our team, and one of our teammates poked around and discovered that the check is for an employee retention credit as part of the CARES act.
This wasn’t at all explained with the check. It was literally just the check and an attached blurb stating what to do if you thought you received the incorrect amount.
The “Notice 134” was ultimately what tipped off my teammate and generated our response through the Google machine.
So what, you ask?
So, I’m baffled we just received what, to us, is a sizeable amount of money. I didn’t expect it and obviously wasn’t planning on it. We were happy to get the PPP… now this?
My wife and I were surprised when we got stimulus checks in the amount of $3,400 during the earlier pandemic months. It seems there will be more, it’s just a matter of time. I also wouldn’t be surprised if there’s more PPP as well.
And the endless money isn’t just coming in the form of handouts. It’s in the stock market, too. I believe major stock indices are about to break higher because… well the government won’t let them fall.
It’s all mindboggling, and I’m taking what I can from wherever it comes from because this party has to end sometime.
And when it does, it can’t end well.