The Right Thing

By:  Jeffrey L. Seglin

Sunday, October 17, 1999

Payroll Tax, Temptation and Trouble 

As published in The New York Times 

On a practical level, taking a Government ?loan? this way is dicey.  ?We try to counsel business owners that the Government is the worst place you can imagine to ?borrow? money from? said Richard M. Colombik, a lawyer with Richard M. Colombik & Associates, P.C. in Itasca, Illinois.  ?You?re paying a very high rate ? interest plus a penalty.  And they?re the only creditor in the world that can seize your assets, garnish your bank account, and do it all without a court order.?