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Most serious problems (IRS report): #5 Lack of competency of tax preparers

In the 2023 National Taxpayer Advocate report to Congress, this organization lists a number of issues that the IRS should address as priorities for "serious" problems. The report is public and published each year. Additionally, the report provides details in plain language of why each problem has a significant impact on the taxpayers and how

The SBA PPP is closed (no more funds)

Last night, the SBA PPP portal was closed to the financial institutions. No more applications were able to be submitted today. The question is what will happen to the applications submitted but not yet approved. Note that there are around $8 billions on the side for minority groups and around $6B for applications with error

By |2021-05-05T21:32:57+00:00May 5th, 2021|Categories: Business|Tags: , , , |
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