SBA lending surged 20% in 2025, hitting a record $37.3 billion. Major players like Live Oak and U.S. Bank credit resilient small business demand and strong borrower confidence for the boom. “People that have the capital structure and the sales infrastructure to do that will continue to grow in this environment,” – Pieter Leenhouts

A lender’s guide to navigating the most common IRS tax forms requested on the Form 8821.

In the first 200 days of Trump’s second term, the IRS has faced leadership turnover, budget cuts, and staffing reductions. Read more for our 5 takeaways from 2025 so far.

Meet Rachel Libowitz, the Senior Tax Advisor in our Resolutions department. She helps lenders evaluate funding risks and works with taxpayers to resolve IRS liabilities.

Early SBA loan defaults are on the rise. See what lenders need to know about new 7(a) reforms and how they impact underwriting and risk management.

The probationary employees were going to bring “younger, new people into the organization that hopefully would have a longer shelf life or career,” said Hansen Rada, CEO of Tax Guard, a provider of IRS tax data services.

“I’ve seen numbers of 20%, I’ve seen numbers of 30%, I’ve seen numbers of 50%,” said Tax Guard CEO Hansen Rada. “It’s really difficult to tell what is true, and I don’t think anybody knows, because the proposal has been private, so there is definitely a giant question mark as to how strong the IRS will be going forward.”

“The Treasury put out a statement that if there were a shutdown, they were going to fund the IRS through April 30, with all of it 100% open, which means it would not cause a problem for the f iling season, but then after April 30, the IRS would go to zero,” said Tax Guard CEO Hansen Rada. “Based on the Treasury’s announcement yesterday, it looks like they would get through the filing season and then shut it all down.”

“There will be lending that will stop through the SBA,” says Hansen Rada, the co-founder and CEO of Tax Guard, which provides real-time tax data to lenders. “But I think the greatest impact will be a long tail, which is the IRS then having to catch up during tax season.”

Rachel Libowitz, Senior Tax Advisor, and Jason Peckham, Vice President of Resolutions, recently shared their insight with the International Factoring Association to provide an update on the current state of the Employee Retention Credit program.

Here are five trends small business owners in Colorado and across the country should watch, according to industry experts.

2025 looks like a big year ahead for lenders. How can you prepare?  With the new year underway, the lending landscape is poised to undergo significant shifts driven by changes …