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What Is in the “One Big Beautiful Bill”? A General Overview of the Proposed Tax Package – UPDATED 5/22
UPDATE: On 5/21 the OBBB passed the House. It now moves on to the Senate for consideration. House Republicans have released a sweeping tax proposal—nicknamed
Reap the Rewards of Reskilling and Upskilling
Tackling the Labor Shortage from Within Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Manufacturers continue to face a serious labor shortage. According to The
Tracking Individual Product Costs to Maximize Profits
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Tracking product-specific cost information can be challenging, but the benefits can be significant. By tracking the costs
Dealership Cash Management: The Best Ways to Invest Extra Funds
After the rapid growth of 2021 and 2022, auto dealerships are now operating in a more balanced market. While demand has stabilized, financial health remains
8 Benefits of 3D Printing for Manufacturers
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Amazingly, 3D printing has existed for more than 40 years. Recent improvements in the technology have increased
What a Business Plan Can Do for You
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. While the large market fluctuations seen during the COVID-19 pandemic are in the rearview mirror, uncertainties about
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
Albin, Randall & Bennett Names Laura Everett as New Managing Principal
Albin, Randall & Bennett (ARB) is pleased to announce that Laura Everett, CPA, has been named the firm’s Managing Principal, effective July 1, 2025. Laura
Defeating Boredom in Retirement
Many people have a romantic view of what retirement looks like. Beaches, cruises, road trips, sitting next to a pool with no responsibilities—in reality, many