Blog | Albin Randall & Bennett
Recent Articles
WebCPA: The Dangers of Taking Tax and Financial Advice from the Internet
The internet offers an unprecedented amount of information of varying quality on virtually every topic, including taxes and finance. With the rise of artificial intelligence
Dirigo Business Incentive Program: Approvals Begin January 1 for Maine Manufacturers
The Dirigo Business Incentive Program is now in motion, providing a powerful framework for growth and investment in Maine’s manufacturing sector. With the application process
Reviving History: How Historic Tax Credits Breathe New Life into Old Buildings
Cities across the country are undergoing a quiet revolution, one where history meets progress. Thanks to historic tax credits (HTCs), neglected old buildings are being
2025 Employer Obligations Under Maine PFML: Is Your Business Prepared?
The Maine Paid Family and Medical Leave (PFML) program, effective January 1, 2025, represents a major policy shift for employers in the state. The final
Understanding Maine’s 2024 Sales Tax Exemption for Nonprofits
Maine recently adopted a blanket sales tax exemption for nonprofit organizations, marking a significant shift in the state’s tax policy. This change aims to streamline
Implementing AI in an Auto Dealership – How to Get Started
Artificial intelligence (AI) has become an increasingly prevalent topic in the automotive dealership industry and seems to be one of the current “disruptors” in the
TCJA Expiration: Seven Ways U.S. Manufacturers Will Be Affected and How to Prepare
Since the enactment of the Tax Cuts and Jobs Act (TCJA) in 2017, U.S. manufacturers have experienced significant economic growth. The law lowered corporate tax
BOI Update: Filing Requirements Restored as Court Lifts Injunction
Read the latest update on the status of BOI here. The last nationwide injunction blocking Beneficial Ownership Information (BOI) reporting requirements has been lifted following
Massachusetts Tax Reform: Single-Sales Factor Apportionment and Other Changes for 2025
On October 4, 2023, Governor Maura Healey signed House Bill 4104, “An Act to Improve the Commonwealth’s Competitiveness, Affordability, and Equity.” This legislation provides significant
New Hampshire Interest & Dividends Tax Repeal: A Quick Look at Key Changes
The repeal of New Hampshire’s Interest & Dividends (I&D) tax in 2025 may be short-lived. In January 2025, Representative Thomas Schamberg introduced HB 503-FN, proposing
New Hampshire Ends Interest & Dividends Tax—For Now: A Detailed Look at the Repeal and Potential Return
For an overview of New Hampshire’s Interest & Dividends Tax status, read NH Interest & Dividends Tax Repeal: A Quick Look at Key Changes. New