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SBA 8(a) Annual Review Advisory

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Your SBA 8(a) annual review is more than a filing deadline. It’s a checkpoint that can expose changes in your finances, ownership, compensation, or business structure that could put your program eligibility at risk.

The Numbers Need to Tell the Same Story

A business can be performing well and still run into trouble during an annual review. Moving money between related entities, changes in ownership or control, unusually high owner compensation, or incomplete personal financial information can create questions that are difficult to answer after the fact.

The issue isn't simply whether your records exist. They need to consistently support your eligibility and demonstrate how your business is actually being operated.

Review the Risk Before You Submit

At Tangible Accounting, PLLC, our SBA 8(a) Annual Review Advisory helps you identify potential issues early and organize the financial and business records needed for a clean review. We look at the information from both the business and personal side so discrepancies or changes can be addressed before they become bigger problems.

That includes reviewing whether you:

  • Continue to qualify as a small business under your industry's applicable size standard

  • Remain owned and controlled by individuals who meet SBA eligibility requirements

  • Continue to satisfy personal net worth requirements and other program criteria

  • Have properly documented transactions between related entities

  • Can support owner compensation with accurate financial information

  • Have reported personal financial information completely and accurately

  • Properly documented any changes in ownership, management, or control

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What We Help You Prepare

A strong annual review starts with records that are complete, consistent, and easy to substantiate. Depending on your circumstances, your review with Tangible Accounting, PLLC may include:

Tax returns — Personal and business returns that accurately reflect your financial position.

Personal financial statement — A current accounting of assets, liabilities, and net worth.

Asset documentation — Records supporting changes in real estate, investments, retirement accounts, and other significant assets.

Contracts and invoices — A clear trail connecting revenue to your contracts, including 8(a) awards.

Corporate records — Current bylaws, operating agreements, meeting minutes, and other documentation showing how the company is owned and controlled.

Financial statements — Organized books and financial statements with support for income, expenses, assets, and liabilities.

Stay Ready for the Review

Tangible Accounting, PLLC's advisory is a good fit for 8(a) businesses approaching their annual review, particularly when there have been significant financial, ownership, compensation, or structural changes during the year.

Don't wait for the annual review to reveal an issue—get your financials and documentation reviewed before you submit.

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