SBA-IRS data-sharing process for disaster loans needs better tech, GAO says

SBA-IRS data-sharing process for disaster loans needs better tech, GAO says

The data-sharing process between the Small Business Administration and the IRS for disaster loans is inefficient and ripe for a technological boost, according to a new Government Accountability Office report. The GAO, which conducted a performance audit on SBA’s disaster assistance data-sharing with the IRS from July 2024 to this month, said the agency is hamstrung in its requests by statutory authority, preventing it from receiving tax informat…