Blog | Albin Randall & Bennett
Recent Articles
R&D Expenditures: Mandatory Capitalization & Amortization
Businesses conduct Research and Development (R&D) to create new products or services, update existing ones, or to develop or enhance processes that will improve operations.
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
The Alternative Fuel Vehicle Refueling Property Credit & Ford’s Ultimatum
Ford Motor Company recently announced an ultimatum to dealers wanting to be electric vehicle dealers: Become certified to sell fully electric vehicles and invest in
Credit Union Industry Trends & How To Combat Their Effects
Economic and credit union industry trends, including inflation and a tough atmosphere for recruiting and retention, have affected credit unions nationwide. When attracting and keeping
Exit Planning: Managing Risks & Protecting Your Assets
For business owners, risk management and asset protection are essential in ensuring both short-term and long-term success, and they are also key elements in succession
FTC December 9, 2022 Deadline… Extended (At Least Part of It)!
Dealers are feverishly working on a mandate from the Federal Trade Commission (FTC) to comply with new standards to keep their customers’ information safe. Many
U.S. Treasury Department Update: EV Tax Credits
Yesterday, members of ARB’s Dealer Services team attended a clean vehicle tax credit briefing hosted by the U.S. Treasury Department to discuss the technical aspects of dealer registration and the EV tax credit portal in preparation of its opening.
New 401(k) Contribution Limits go into Effect for 2023
The steady increase in the cost of living and inflation across the U.S. has impacted virtually every aspect of the economy. Luckily, your 401(k) may
The Most Common IRS Penalties and How to Avoid Them
Businesses spend a vast amount of time and resources planning and designing ways to save on their tax bills. Yet, they often overlook one of
Five Ways AI Will Likely Impact the Construction Industry
Artificial intelligence has already begun to change an industry notorious for being slow to accept change. Over the next decade the construction industry is likely
Making Sense of Nonemployee Compensation Reporting: What you should know going into the 2023 tax year
In addition to their full-time employees, many businesses seek the services of independent contractors to supplement their workforce. While outsourcing skills and services is a