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News/Protests & Claims/Runway Extension Act Update: SBA Says Three-Year Reporting Period Still Applies
Expert Opinion·Protests & Claims Brief

Runway Extension Act Update: SBA Says Three-Year Reporting Period Still Applies

In late 2018, Congress passed the Small Business Runway Extension Act, which had a single purpose: change the three-year average annual receipts calculation period (for determining small business eligibility) to a five-year calculation period.

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