Small Business

The U.S. Small Business Administration extended its Gulf Opportunity Pilot Loan Program (GO Loans) through Sept. 30, 2010. The SBA said in a press release that demand for GO loans has increased significantly in fiscal year 2009 in response to the continued need to rebuild Gulf Coast areas.


The SBA launched the GO Loan Pilot in November 2005 to provide expedited financial assistance to small businesses severely impacted by Hurricanes Katrina and Rita. Under the program, the SBA provides 85% guarantees (90% under Recovery Act provisions) and streamlined, centralized processing to all eligible lenders that make expedited 7(a) loans to small businesses located in, moving to or relocating within parishes and counties included in disaster declarations related to those storms.


In 2008, the SBA approved 301 GO loans for $25.2 million. Through Sept. 25, 2009, the SBA had approved 557 GO loans for $35.1 million.


More information on the GO Loan Pilot Program is available at A list of all eligible parishes and counties is available at



Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.