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Update on Maine LD 1891: Testimony Recap
On January 25, 2024, ARB Principal John E. Hadwen provided testimony before the Maine Legislature on LD 1891: An Act to Support Maine Businesses Through
New EV Tax Credit Goes into Effect in 2024
Electric vehicle (EV) tax credits have historically been one of the most substantial federal initiatives available to American consumers, and thanks to a new clean
Three Things Credit Unions Can Consider in Light of Recent Fed Rates
The Federal Reserve’s 2023 strategy to combat record inflation in the United States was largely marked by a parade of federal funds rate hikes and
Securing Your Legacy: Succession Planning for Optimal Transactional Value Webinar Recap
The same principles that build and strengthen a business in the present increase the odds of a profitable exit. That’s why business succession planning is a continuous process; not something to begin when the founder is preparing to leave the business.
Dealership Year-End Review and Clean-up – It’s not too Late!
The first couple weeks of January can be a blur from the time you step back in the dealership after New Year’s Day to the
Maine LD 1891: Boosting Economic Growth through Pass-Through Entity Tax and Child Care Tax Credit
Maine’s LD 1891, a legislative initiative aimed at enhancing economic growth, introduces key measures focused on pass-through entity taxation and child care support. This comprehensive
Firm to Table: A Tasting Menu of Meals and Entertainment Deductions in 2024
Keeping up with meal and entertainment expense deductions can be confusing. The Tax Cuts and Jobs Act (TCJA) of 2017, enacted in 2018, introduced significant
Change Is Coming for Crypto Reporting: IRS Releases Draft of Form 1099-DA
On April 18, the IRS released a draft version of Form 1099-DA, the form that will be used to report digital asset proceeds from broker
Cash Flow Management for Auto Dealers: How to Boost Profits Amidst Disruptions
A version of this article was originally published by the MSADA For automotive dealerships, maintaining a healthy cash flow has never been more crucial than
How the Credit Card Swipe Fee Settlement Will Set Retailers Free
On March 26, credit card giants Visa and Mastercard reached a monumental $30 billion settlement with retailers. The settlement ends a longstanding legal battle over
Don’t Let Prevailing Wage Requirements Get You Down: A Proactive Approach to Energy Efficiency Incentives
Section 45L and Section 179D of the Internal Revenue Code—the Inflation Reduction Act (IRA) has brought significant changes to both incentives. Possibly the most cumbersome