Blog | Albin Randall & Bennett
Recent Articles
New Beneficial Ownership Information Reporting Requirements
Reporting Deadline: January 1, 2025 Many business entities are facing a new information reporting requirement as to who ultimately owns and controls the entity (“Beneficial
Profitability Through Expense Control
This article was originally published by the MSADA Although not as strong as they have been the past couple of years, dealer profits have generally
IRS EV Credit Transfer Program
Whether you currently sell (or plan to sell) EV’s or not, there are steps you can take now to be eligible to claim credits in
John E. Hadwen and Benjamin A. Lord: ARB’s Newest Principals
Effective January 1, 2024, Albin, Randall & Bennett is pleased to announce the promotions of John E. Hadwen, CPA and Benjamin A. Lord, CPA, CCIFP,
Employee Benefit Plan Roundup: What to Expect in 2024
There has been a lot of buzz surrounding retirement savings and employee benefit plans recently, even more so after new legislation and sweeping changes to
Using Succession Planning Services to Set Smart Exit Goals
As the saying goes, you can’t take it with you. Every business owner will eventually have to exit their business, whether by choice or because
ARB 2024 Tax Day Takeaways
Another April 15 has come and gone. Every Busy Season has its own unique challenges and opportunities. This year, we were reminded that Mother Nature
IRS Extends Tax Relief to Maine Taxpayers Affected by Severe Storms and Flooding (UPDATED April 9, 2024)
In response to severe storms and flooding in Maine, the IRS and Maine Department of Revenue Services has announced significant tax relief measures for individuals
Surety Bonds in the Private Equity-Backed Construction Industry
Private equity firms have historically avoided investments in the construction industry, likely due to its reputation as a seasonal, market-specific enterprise with little cash flow
The Dirigo Business Incentive Program: Empowering Growth for Maine Manufacturers
Maine’s business landscape is about to witness a game-changing opportunity for manufacturers with the upcoming launch of the Dirigo Business Incentive Program. With the sunset
New England Gambling Tax Laws and How to Keep More of Your Winnings
In Part 1 we looked at Federal Tax Implications for Casual Gamblers. Here, we will address the tax implications for casual gamblers living in New