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Three Things Credit Unions Can Consider in Light of Recent Fed Rates
The Federal Reserve’s 2023 strategy to combat record inflation in the United States was largely marked by a parade of federal funds rate hikes and

Securing Your Legacy: Succession Planning for Optimal Transactional Value Webinar Recap
The same principles that build and strengthen a business in the present increase the odds of a profitable exit. That’s why business succession planning is a continuous process; not something to begin when the founder is preparing to leave the business.

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

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

Energizing Maine Businesses: A Summary of Efficiency Maine Incentives and Opportunities
Energy efficiency is a crucial strategy for businesses seeking to reduce operational costs and environmental impact. Efficiency Maine, a leading organization dedicated to promoting energy

Top Takeaways from the 2024 MADA Annual Meeting
On June 19-21, Team ARB attended the Maine Automobile Dealers Association convention in Bar Harbor. Despite the CDK cyber-attack, the annual gathering of industry professionals

Nate Marcet Named NEREJ Ones to Watch Rising Star
The New England Real Estate Journal has named ARB Tax Manager Nate Marcet to its 2024 “Ones to Watch” list of Rising Stars. Founded in

Connelly v. United States: Implications for Business Owners from the Recent SCOTUS Decision
In the recent Supreme Court case Connelly v. United States, the Court delivered a pivotal ruling with significant ramifications for business owners, particularly those holding

Auto Dealer Alert: CDK Cyberattack Update (UPDATED 6/24/24)
UPDATED 6/24/24 The current cyberattack on CDK has thrown the dealership industry into turmoil. According to several of our sources, it looks like it could