Blog | Albin Randall & Bennett
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The Annual ARB Games Return
An Overview of ARB’s Annual Tax Season Games Every year during tax season, Albin, Randall & Bennett hosts the ARB Games. As a way to

The R&D Tax Credit is an Opportunity Construction Companies Can’t Miss
Business owners from all walks of life look for ways to increase cash flow and maximize savings in times of economic uncertainty. For construction companies

American Rescue Plan Act: Where Does It Stand & What Can Taxpayers Expect?
On Saturday, March 6th, The American Rescue Plan Act of 2021 (ARP) made it through a Senate vote (50–49) and was sent back to the

SBA Issues New PPP Borrower Application for Schedule C Filers & An Interim Final Rule
The SBA has issued a new Paycheck Protection Program (PPP) Borrower Application for sole proprietors and other Schedule C filers. These applicants can now base

IRS Guidance & Resources for Claiming the Employee Retention Credit
Update as of March 11, 2021: President Biden signed the American Rescue Plan Act of 2021 (ARP) on March 11, 2021. The ARP extends the

Biden Administration Changes the PPP
Since the Paycheck Protection Program (PPP) reopened in December 2020, nearly $135 billion of the $284 billion of allocated funding has been lent to small

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

Safeguards Rule – Updates for Credit Unions & Auto Dealers
As the turn of the year settles, financial institutions should revisit their information security obligations under the Gramm-Leach-Bliley Act Safeguards Rule (Safeguards Rule). The Federal

Using Inventory Cost Management to Improve Profitability
For manufacturers, inventory cost management plays an integral role in successfully maintaining a business strategy that fosters financial growth. When you have an effective overall

Are Electric Vehicle Credits Part of Your Sales Strategy?
The Qualified Plug-in Electric Drive Motor Vehicle Credit (Electric Vehicle Credit) is a nonrefundable tax credit available for eligible taxpayers to claim up to $7,500

Prepare for 2022 Nonprofit Financial Statement Engagement
For nonprofits, the New Year is ushering in new hope. Organizations are learning to adapt to meet the challenges of the pandemic, and the upward