Blog | Albin Randall & Bennett
Recent Articles

Have You Considered the ESOP Route for Your Succession Plan?
After you’ve worked hard to build a successful business, planning initiatives that look beyond what happens to your business under your watch should become part

Job Costing: The Key to Success for Craft Breweries
Running a profitable craft brewery involves more than just knowing how to make good beer. True, you need to skillfully combine ingredients in a creative

Policy Alert: Employee Retention Credit for 2020 & 2021
It’s not too late to take advantage of the employee retention credit (ERC) for either 2020 or 2021. The ERC is a tax credit available

How Measuring Profitability Can Help Your Professional Services Firm Grow
Measuring profitability helps professional services firms (PSFs) determine whether a project is worth its weight in resources, time, and effort. It also allows you to

Tax Planning Can Help You Meet Personal and Business Goals
When you own a closely-held business, your personal and business goals are not mutually exclusive. The business goals you set and decisions you make that

The Post-Pandemic Business Model for Contractors
As a contractor, your work requires logical forethought and mathematical precision. After all, you measure twice, cut once, right? In this industry, “re” terms generally

R&D Expenditures: Mandatory Capitalization & Amortization
Businesses conduct Research and Development (R&D) to create new products or services, update existing ones, or to develop or enhance processes that will improve operations.

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

The Alternative Fuel Vehicle Refueling Property Credit & Ford’s Ultimatum
Ford Motor Company recently announced an ultimatum to dealers wanting to be electric vehicle dealers: Become certified to sell fully electric vehicles and invest in

Credit Union Industry Trends & How To Combat Their Effects
Economic and credit union industry trends, including inflation and a tough atmosphere for recruiting and retention, have affected credit unions nationwide. When attracting and keeping

Exit Planning: Managing Risks & Protecting Your Assets
For business owners, risk management and asset protection are essential in ensuring both short-term and long-term success, and they are also key elements in succession