Blog | Albin Randall & Bennett
Recent Articles
Manufacturing M&A: 2021 May Be the Right Time for Manufacturing Company Owners to Sell
In 2020, manufacturing merger and acquisition activity fluctuated like a transverse wave, alternating from crest to trough with each passing quarter. Fear that COVID-19 would
Employee Retention Credit: How Recent & Pending Legislation Affects the ERC
The employee retention credit (ERC) is a tax credit available for eligible employers to claim against qualified wages paid after March 12, 2020, through December
Massachusetts Enacts Elective Excise Tax for Pass-Through Entities
Massachusetts passed budget legislation that allows eligible pass-through entities, including S corporations, partnerships, and limited liability companies (LLCs), to pay an elective excise tax on
2021 Construction Industry Trends: Ownership Transfers & Management Succession Planning
Most business owners right now are sharply focused on steady cash flow, cutting costs, maintaining operations as close to the status quo as possible, and
Construction Accounting Basics: 6 Questions Contractors Need to Ask When Starting a New Construction Firm
Starting your own construction company without a financial strategy rooted in smart accounting basics is like starting a build without a floor plan. Many of
Massachusetts Law Addresses Unemployment Solvency & Emergency Sick Leave
Governor Charlie Baker signed legislation in May that modified the way Massachusetts handles COVID-19-related unemployment claims and the COVID-19 Temporary Emergency Paid Sick Leave Program.
Federal Student Loan Relief & Programs Available in Maine
As the expiration of pandemic-related student loan relief was nearing once again, the Federal Government and some states stepped in to extend further relief to
The Clean Vehicle Credit: What Dealerships Need To Know
On August 16, 2022, President Biden signed the Inflation Reduction Act (the Act) into law. The Act gave rise to The Clean Vehicle Credit, a
CECL Audit Approach: New Methodology to Account for TDRs
The Financial Accounting Standards Board (FASB) has been working to improve the implementation and transition to the Current Expected Credit Losses (CECL) method of accounting
Buy-Side Due Diligence | M&A Best Practices for Contractors
Contractors often leverage M&A opportunities to grow revenue and meet growth, development, and other strategic goals. For example, acquiring or merging with a firm with
Developing & Monitoring Meaningful Nonprofit Data Metrics
All nonprofit organizations have a mission. But how do you know if your organization is on the right track for success or where you stand