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re: EIDL Increase Email
Posted on 5/18/21 at 8:44 am to greygoose
Posted on 5/18/21 at 8:44 am to greygoose
Oh God. If they are actually requesting transcripts from the IRS this system is fricked. The IRS has a huge backlog already because of the December tax law changes that they didn't have time to properly implement. This has created an avalanche of returns that require manual review. Jesus, what a bureaucracy.
1
Posted on 5/18/21 at 10:12 am to VABuckeye
quote:What did you think the 4506-T was for? Mine was already filled out by the SBA. They wanted 2019, 18, and 17. My transcripts were confirmed requested two weeks ago. I have no idea how long it takes the IRS to fulfill the request. I imagine, just like everything else they do, this may take a while. That being said, what's the point of an economic relief loan, if the process takes so long that a lot of businesses may be belly-up before said relief is acquired?
Oh God. If they are actually requesting transcripts from the IRS this system is fricked. The IRS has a huge backlog already because of the December tax law changes that they didn't have time to properly implement. This has created an avalanche of returns that require manual review. Jesus, what a bureaucracy.
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