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Maine LD 1891: Boosting Economic Growth through Pass-Through Entity Tax and Child Care Tax Credit
Maine’s LD 1891, a legislative initiative aimed at enhancing economic growth, introduces key measures focused on pass-through entity taxation and child care support. This comprehensive
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
Choosing the Right Business Entity: Understanding Tax Implications
Selecting the appropriate business entity structure is arguably the most crucial decision a business owner will make for their venture. Affecting everything from taxation to
Albin, Randall & Bennett Welcomes Logan Donahue to the Firm
Albin, Randall & Bennett is pleased to announce that Logan D. Donahue, CPA has joined the firm as Audit Senior Manager. Logan provides professional assurance
Firm to Table: A Tasting Menu of Meals and Entertainment Deductions in 2024
Keeping up with meal and entertainment expense deductions can be confusing. The Tax Cuts and Jobs Act (TCJA) of 2017, enacted in 2018, introduced significant
Change Is Coming for Crypto Reporting: IRS Releases Draft of Form 1099-DA
On April 18, the IRS released a draft version of Form 1099-DA, the form that will be used to report digital asset proceeds from broker
Cash Flow Management for Auto Dealers: How to Boost Profits Amidst Disruptions
A version of this article was originally published by the MSADA For automotive dealerships, maintaining a healthy cash flow has never been more crucial than