Blog | Albin Randall & Bennett
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Exit Planning in an Uncertain Economy: Business Growth Opportunities Remain Despite COVID-19 Crisis
As a business owner, exit planning is inevitable. From planning to implementation, exiting a business often takes about 3-5 years, so a comprehensive exit plan
IRS Issues Notice 2020-39: Provisions Provided for QOF Investors Affected by COVID-19
The 2017 Tax Cuts and Jobs Act introduced legislation surrounding the Opportunity Zone Program, a tax incentive program allowing tax breaks for those investing in
MANP Issues Guidelines for Safely Reopening Nonprofit Organizations in Maine
All sectors of business in Maine have been affected by the COVID-19 crisis, and nonprofits are definitely no exception. As our communities, businesses, and organizations
Tax Planning for 2020, A Pandemic Year
This year is already turning out to be a unique one, in terms of its uncertainty associated with the COVID-19 pandemic. It seems like so
Qualified Improvement Property –Error Fixed!
The CARES Act was passed in late March, largely to provide stimulus and emergency assistance to individuals and businesses adversely impacted by the coronavirus pandemic.
FASB Issues ASU Delaying Effective Date for Revenue Recognition & Lease Accounting Standards for Certain Entities
The COVID-19 pandemic has significantly impacted the global economy, and U.S. businesses are no exception. On June 3, 2020, the Financial Accounting Standards Board (FASB)
What Do Football & Construction Firms Have in Common?
Few people thought there would be a 2020 football season, but millions of people are tuning in to cheer on their favorite teams and Monday
Summary of Bipartisan COVID-19 Relief Proposal Includes Additional PPP & Unemployment
A summary of the latest bipartisan COVID-19 relief proposal is now available. Among other provisions, the proposal includes additional Paycheck Protection Program (PPP) funding and
Balanced Scorecards: How Important Are They?
Information is a powerful tool on its own, and it becomes exponentially more powerful in the hands of those who can wield it properly. A
Expanded State Economic Recovery Efforts: Two New Maine Grant Programs Available to Certain Businesses & Organizations
Two additional grant programs for businesses in Maine are now available, as part of the State’s continued economic recovery efforts: The Maine Tourism, Hospitality &
Succession Planning for Business Owners: Insights on Your Role and Your Company’s Transferable Value
In business, an inflection point is synonymous with a turning point, or a time of significant change. When these points occur, and throughout the life