Blog | Albin Randall & Bennett
Recent Articles
Planning for 2025: The Future of TCJA Provisions and Anticipated New Tax Proposals
As Inauguration Day approaches, significant shifts in the tax landscape may be on the horizon, particularly concerning the provisions of the Tax Cuts and Jobs
WebCPA: The Dangers of Taking Tax and Financial Advice from the Internet
The internet offers an unprecedented amount of information of varying quality on virtually every topic, including taxes and finance. With the rise of artificial intelligence
Dirigo Business Incentive Program: Approvals Begin January 1 for Maine Manufacturers
The Dirigo Business Incentive Program is now in motion, providing a powerful framework for growth and investment in Maine’s manufacturing sector. With the application process
Reviving History: How Historic Tax Credits Breathe New Life into Old Buildings
Cities across the country are undergoing a quiet revolution, one where history meets progress. Thanks to historic tax credits (HTCs), neglected old buildings are being
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
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,