Blog | Albin Randall & Bennett
Recent Articles

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

FTC December 9, 2022 Deadline… Extended (At Least Part of It)!
Dealers are feverishly working on a mandate from the Federal Trade Commission (FTC) to comply with new standards to keep their customers’ information safe. Many

Gambling Winnings and Taxes: What Casual Gamblers Need to Know
Questions Around Casual Gambling, Sports Betting, and Taxation With sports betting legal or becoming legal in more states across the country, including here in New

Considerations for Auto Dealership Owners Purchasing a New Location
This article was originally published by the NHADA Although the buy/sell market is starting to show signs of slowing, many dealers are still flush with

Staying Resilient in Economic Uncertainty: Nonprofit Risk and Financial Resource Planning
Like many organizations, nonprofits (NFPs) are highly affected by the ebbs and flows of the economic climate, often making it difficult to plan and allocate

Credit Unions Brace for More Regulatory Requirements as NCUA Releases Addendum to Other Supervisory Committee Audit Guide
On February 1, 2024, the National Credit Union Administration (NCUA) released an addendum to its Other Supervisory Committee Audit, Minimum Procedures Guide. The addendum replaces

3 Construction Trends Reshaping the Industry in 2024
Even as the largest industry in the world, construction has not always been at the forefront of innovation and technology. In fact, the industry has