Blog | Albin Randall & Bennett
Recent Articles
The Augusta Rule and ROBS Transactions: Strategic Tax Benefits for Business Owners
As the Masters Tournament approaches, it presents an opportune time to revisit the Augusta Rule (IRC §280A), a tax provision that can provide substantial benefits
IRS Updates ERC Income Tax and Timing Considerations
On Thursday, March 20, the Internal Revenue Service (IRS) updated its Frequently Asked Questions (FAQs) regarding the Employee Retention Credit (ERC) to add three questions
BOI: The Latest Information on Filing Requirements (Updated 3/21/25)
Update as of March 21, 2025 On March 21, 2025, FinCEN issued an interim final rule eliminating the requirement for U.S. companies and individuals to
Tax and Policy Changes – What Lies Ahead for Auto Dealers
President Trump’s reelection campaign leaned heavily on being pro-business on tax and policy reform. However, predicting what actual changes will come from the new administration
Understanding Nexus: How Multi-State Tax Obligations May Impact Your Business
As a business owner, managing income, franchise, sales, and use taxes is a routine part of operations. However, as your business expands its operations across
Over-Saving for Retirement: Avoiding Unexpected Penalties and Embracing Opportunities
Saving for retirement is essential to ensuring financial security, but focusing too heavily on retirement accounts can have unintended consequences. While it may seem counterintuitive,
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
Securing Your Business & Key Employees with Vesting
Growing your business often relies both on your leadership skills and the ability of your employees to carry out your plans. As your business grows,
A Primer on Energy Tax Incentives for Manufacturers
FAQs About the Advanced Manufacturing Production Credit Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. The Inflation Reduction Act (IRA) includes several provisions related to
DOL Cybersecurity Guidance for Employee Benefit Plans
Business owners with employee benefit plans should be aware of the Department of Labor’s cybersecurity guidance to safeguard plan assets and fulfill their fiduciary obligations.
ESOP Succession Planning: Securing Long-Term Success for Your Employee-Owned Business
Transitioning your business to an Employee Stock Ownership Plan (ESOP) offers numerous advantages, including tax benefits, enhanced employee engagement, and a structured succession strategy. However,