Blog | Albin Randall & Bennett
Recent Articles

Owning Change: Continuity Planning for Businesses in Ownership Transitions
Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of a sole

Protecting the Financial Well-being of Your Automotive Dealership
For many dealers, it’s been several years since they’ve had to actively manage the financial health of their dealerships. Grosses were at historical highs, demand

Credit Union Alert: FinCEN Proposes Rule to Strengthen AML/CFT Regulations
The Financial Crimes Enforcement Network (FinCEN) recently announced a proposed rule aimed at enhancing and modernizing Anti-Money Laundering (AML) and Countering the Financing of Terrorism

Fueling Innovation: Maine’s Strategic Support for Manufacturing Businesses
Maine’s manufacturing sector is receiving a significant boost through a series of strategic initiatives and grants aimed at promoting Maine-made products and supporting manufacturers in

The Tax Relief for American Families and Workers Act of 2024 – Updated 8/1
Update August 1, 2024 On Thursday, August 1, the Senate failed to pass the Tax Bill, which required 60 votes but only received 48 in

ARB Announces Recent Promotions
Albin, Randall & Bennett is pleased to announce the recent promotions of Matthew Marcoullier, Amy Gardella, Nate Marcet, Benjamin Staples, Tori Vergara, and several others.

Key Inventory Tax Planning Considerations for Auto Dealers
Accurate inventory valuation is critical for auto dealerships, influencing financial statements, tax liabilities, and business strategy. This blog explores the pros and cons of using

Maine’s New Pass-Through Entity Tax Bill Explained: 2025 Changes
Update: Maine has enacted an elective pass-through entity tax effective for tax years beginning in 2026. Read ARB’s current Maine PTET guide. ———————- Maine’s Legislature is taking

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