Blog | Albin Randall & Bennett
Recent Articles

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

Exit Planning: Identifying Value Drivers & Using KPIs
As a business owner, it is your job to create value within your business. And in the early stages of exit planning, you need to

Roles of Employee Benefit Plan CPAs, TPAs & Attorneys
CPAs, third-party administrators (TPAs), and attorneys can all provide specialized services to an employee benefit plan. All of these advisors play an important role in

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

IRS EV Credit Transfer Program
Whether you currently sell (or plan to sell) EV’s or not, there are steps you can take now to be eligible to claim credits in

John E. Hadwen and Benjamin A. Lord: ARB’s Newest Principals
Effective January 1, 2024, Albin, Randall & Bennett is pleased to announce the promotions of John E. Hadwen, CPA and Benjamin A. Lord, CPA, CCIFP,