Blog | Albin Randall & Bennett
Recent Articles
Asset Protection: The Understated Side of Growth
For many business owners, business growth is the main area of focus. However, asset protection and retention are elements of business growth that don’t always
New R&D Expensing Rules Under the One Big Beautiful Bill: What Section 174A Means for 2025 and Beyond
Beginning in 2025, businesses conducting research and development (R&D) will see major changes in how they deduct those costs on their federal tax returns. The
Car Loan Interest Deduction 2025–2028: What Auto Dealerships Need to Know Under the One Big Beautiful Bill
Summary The One Big Beautiful Bill introduces a new tax deduction for car loan interest, available from 2025 through 2028. For qualifying individual buyers, up
2026 Gambling Taxes Overhauled: Mastering the One Big Beautiful Bill’s Loss Deduction Cap
SummaryOne Big Beautiful Bill wagering losses changes how gamblers deduct losses, capping deductions at 90 percent of documented losses and tying them to winnings starting in
Congress Passes the One Big Beautiful Bill: Key Tax Changes Ahead
UPDATE: As anticipated, the President signed the bill into law on July 4, 2025. Congress has officially passed the “One Big Beautiful Bill,” a
U.S. Senate Passes the “One Big Beautiful Bill” — What Changed and What’s Next
On July 1, 2025, the Senate passed its version of the “One Big Beautiful Bill” (OBBB), a major tax and spending package that originated in
ARB Earns Spot on Best Places to Work in Maine List for 13th Consecutive Year
For the thirteenth consecutive year, Albin, Randall & Bennett has been recognized among the Best Places to Work in Maine. This milestone underscores ARB’s continued
OBBB Update: No Changes to Returns or Withholding for Tax Year 2025 Under the One Big Beautiful Bill Act
The IRS has confirmed that for the 2025 tax year, employers and payroll providers should continue using the current forms and withholding schedules — including
Pondering the Possibility of Sale-Leaseback Financing
Originally published in On-Site, ARB’s Construction Industry newsletter. The construction industry is characterized by intense cash flow challenges. Generally, construction companies don’t get paid until
Online Image Tips for Aspiring Accountants
If you’re thinking about a career in accounting, you’re probably focused on coursework, internships, and landing that first job. But there’s something else employers are
One Big Beautiful Bill: Strategic Tax Insights for High-Net-Worth Individuals & Family Offices
The One Big Beautiful Bill permanently raises estate and gift exemptions to $15 million per individual (indexed), locks in today’s top 37% income tax rate,