Blog | Albin Randall & Bennett
Recent Articles
What a Firm Wants: Resume Tips for Aspiring CPAs
Breaking into the accounting industry as a college student or recent graduate can be challenging. Your resume is often the first impression you make on
Fraud in the Parts Department—Is Your Dealership Protected?
Recently, our Auto Dealership Services Team shared an article which centered on a Parts and Service Director charged with defrauding their auto dealership employer. This
Tax Preparation and Your Advisory Team: Tackling the Process Together
Preparing tax returns, whether for a business or an individual, is a collaborative process that depends on the relationship between the taxpayer and their team
Tips for College Students Navigating the Accounting Recruiting Season
Navigating the accounting recruiting season can be both exciting and daunting for college students. This crucial period is your gateway to landing internships, entry-level positions,
ARB Named to Best Places to Work in Maine List for 12th Year Running
For the twelfth year in a row, Albin, Randall & Bennett has earned a place on the Best Places to Work in Maine list. This
Owning Change: Continuity Planning for Businesses in Ownership Transitions
Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of a sole
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
Navigating Lessee Lease Modifications and Amendments
Overview of ASC 842 The introduction of Accounting Standards Codification (ASC) 842 significantly transformed lease accounting under U.S. Generally Accepted Accounting Principles (GAAP). This update
BOI Update: Federal Court Halts Beneficial Ownership Reporting Requirements
UPDATED 12/27/24 The enforcement of Beneficial Ownership Information (BOI) reporting requirements remains in flux, with ongoing rulings and deadline changes continuing to alter its status: