The EIDL Time Bomb: How the Treasury Is Now Seizing Refunds Without a Court Order

Podcast: The Tax Strategy Playbook · David Wiener, "Mr. Cash Flow"

Opublikowano: 2026-09-15

Took a COVID EIDL loan and have not thought about it in years? Check your status today. In late March the SBA moved hundreds of thousands of non-performing EIDL and PPP loans to the Treasury Department for enhanced collection, the hardship payment plans ended, and an EIDL loan default now gets collected like any other federal debt. The Treasury Offset Program can take your tax refund, administrative wage garnishment can take up to 15 percent of your paycheck, and a collection fee of roughly 30 percent gets added to the balance. No lawsuit, no day in court. In this episode of...