In this episode, we talk with Matthew Schoonover about The Small Business Runway Extension Act and how it is impacting small companies. If you are not aware, this act changes the look-back period on small business qualifications from three years to five years. On the surface, we can’t see a downside to this act. However, there are a few scenarios that could harm your company. Listen now to learn more about this and gain some insight into what the SBA is thinking about the timing of adopting the act. Here is an update from the SBA that came out the day after this podcast was released. September 2019 UPDATE – SBA OHA Decides 3-Year Receipts Calculation Period Still Applies.
Featured Guest: | Matthew Schoonover | Company: | Managing Partner and Koprince Law |
Email: | mschoonover@koprince.com | Phone: | (785)200-8919 |