News & Analysis as of August 3, 2025

Government Agencies

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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

What the SBA’s 8(a) program audit means for small businesses

Clark Hill PLC on 7/18/2025

SBA Administrator Kelly Loeffler recently announced a comprehensive audit of the 8(a) Business Development (BD) program. While the full scope and implications are still unfolding, it’s crucial for participants, applicants,...more

SBA Conducts Full-Scale Audit of 8(a) Program

Cohen Seglias Pallas Greenhall & Furman PC on 7/11/2025

On June 27, 2025, the U.S. Small Business Administration (SBA) announced that it will conduct a full-scale audit of its 8(a) Business Development Program to restore integrity and transparency. Contractors participating in the...more

Weekly Update for Government Contractors and Commercial Businesses – July 2025 #2

PilieroMazza PLLC on 7/11/2025

SBA Orders Full-Scale Audit of 8(a) Program: What You Should Do to Prepare - The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The...more

Taxpayer Advocate Offers Candid Assessment of State of IRS Workforce and Other Challenges Facing the New IRS Commissioner

Fox Rothschild LLP on 7/8/2025

The National Taxpayer Advocate has released her Fiscal Year 2026 Objectives Report to Congress, a statutorily-required annual report outlining the objectives of the Office of the Taxpayer Advocate for the upcoming fiscal...more

SBA Focusing on Fraud, Will Conduct Full-Scale Audit of 8(a) Business Development Program

Buchalter on 7/3/2025

Small Business Administration (SBA) Administrator Loeffler has announced that she has ordered the SBA Office of General Contracting and Business Development to begin a full scale audit of the SBA’s Section 8(a) Business...more

Current Enforcement Efforts in the Battle Against COVID-19 Loan Program Fraud

J.S. Held on 11/4/2024

The COVID-19 pandemic caused unprecedented impacts around the world including stay-at-home orders, curfews, quarantines, and economic uncertainty. Businesses across the United States were forced to close their doors, limit...more

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