Blog | Albin Randall & Bennett
Recent Articles

Construction Technology Trends | What’s Ahead for 2022?
Contractors have always had to keep a close watch on technology trends to stay on the leading edge of the industry. But, historically, they have

Reporting Executive Compensation for Exempt Organizations
IRC Section 4960, the tax law governing exempt organization executive compensation, has already impacted the tax liabilities of many tax-exempt organizations, which could become more

FASB Votes on Credit Losses, TDRs & Vintage Disclosures
On February 2, 2022, the Financial Accounting Standards Board (FASB or the Board) issued its tentative decisions on the proposed Accounting Standards Update (ASU), Financial

How Mergers and Acquisitions Affect Buyer/Seller 401(k)s
What would happen to your company’s 401(k) plan if you merged with or acquired another company? It’s a question that’s coming up more and more

NCUA’s 2022 Supervisory Priorities for Credit Unions
The National Credit Union Administration (NCUA) has released its annual letter to credit unions containing supervisory priorities for 2022. While many of the NCUA’s 2022

Why You Should Extend Your Partnership’s Tax Return Each Year
The Bipartisan Budget Act (BBA) of 2015 changed the way partnerships make adjustments to their previously filed tax returns for tax years beginning after December

How to Glean Meaningful Manufacturing KPIs from Financial Statements
As a manufacturer, you are most likely already tracking fundamental key performance indicators (KPIs) like sales, expenses, and profits. In addition to these critical metrics,

U.S. Treasury Department Update: EV Tax Credits
Yesterday, members of ARB’s Dealer Services team attended a clean vehicle tax credit briefing hosted by the U.S. Treasury Department to discuss the technical aspects of dealer registration and the EV tax credit portal in preparation of its opening.

New 401(k) Contribution Limits go into Effect for 2023
The steady increase in the cost of living and inflation across the U.S. has impacted virtually every aspect of the economy. Luckily, your 401(k) may

The Most Common IRS Penalties and How to Avoid Them
Businesses spend a vast amount of time and resources planning and designing ways to save on their tax bills. Yet, they often overlook one of

Five Ways AI Will Likely Impact the Construction Industry
Artificial intelligence has already begun to change an industry notorious for being slow to accept change. Over the next decade the construction industry is likely