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Hi and welcome,
You talk about a side business and your concern about having to close it. I have a couple of questions. You say you aren't taking income. You're NOT saying that the business is not profitable. UI may suspect that you are deliberately postponing taking income until the future and that may interfere with getting UI benefites. One of the questions you will be asked on your UI application is about other sources of income. You can't artificially create $0 income by simply postponing. And you can't lie.
What is the job you're being laid off from and why?
For about 5 years we put everything back into the Photography business. I loaned my business $15, 000 two years ago for equipment which hasn't been paid back yet.
I'm a computer Tech that was contracted to a company. The company no longer has money for me. My company is looking for another job site but nothing yet.
You have just added a very important factor. You are not a salaried employee who gets a W-2 for your tax returns. You are an independent contractor who gets a 1099. What I just said has nothing to do with the side business. Your being an independent contractor where the company that used you has no more money for you......doesn't mean you were "laid off". Laid off applies to a W-2 employee of a company that is perhaps downsizing. You can't even fill out a claim for UI benefits under your circumstances.
Your only option is to continue to operate your side business and look for a W-2 job and/or another independent contractor job for which you will receive a 1099.
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Sorry I wasn't clear. I am salaried employee that recieves a W2. The company I work for contracts me out to other companies. In this case I was at Dunlop Tire in Buffalo for 13 years but as an employee of Globalquest Solutions Inc.
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