Blog | Albin Randall & Bennett
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The CARES Act for Nonprofits
This past couple of weeks, we’ve shared a lot of information about the three recently passed pieces of legislation that are the direct result of
CARES Act Establishes Paycheck Protection Program
On Friday, March 27, 2020, President Trump signed the $2.2 trillion spending bill, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), into law,
The SBA’s EIDL Program: Additional Business Assistance for COVID-19
The enactment of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) commences Phase III of the economic stimulus plan created to swiftly provide
Impact of Federal Government Coronavirus Response on Businesses
We’ve been very busy working with clients over the past several weeks helping them navigate and prioritize the various pieces of new legislation passed to
CARES Act Enacted: What’s Next?
In the midst of the COVID-19 crisis, many Americans are already experiencing economic hardship on account of the pandemic. Some are out of work or
Families First Act DOL Posters
The DOL has issued a couple of useful links on its website. The first is regarding posters required that must be hung in the workplace and any other
FASB ASU 2020-07: New Standard Addresses Nonprofit Gifts-in-Kind
On September 17th, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-07 on Topic 958, Presentation and Disclosures by Not-for-Profit Entities for
Maine DECD Announces Phase II of the Maine Economic Recovery Grant Program
Update as of September 21, 2020: The DECD has announced Phase II of the Maine Economic Recovery Grant Program. Phase I of the Program, launched
A Construction Company’s Guide to Approaching Today’s Risk Management
As with all industries, the construction sector continues to realize the far-reaching effects of COVID-19 crisis. Now, more than ever, it’s imperative for a construction
Best Places to Work in Maine 2020
Every year, spring brings exciting changes to Albin, Randall & Bennett. Not only does it signify the end of tax season, but also the beginning
Some Employers Received an Inadvertent Penalty Notice from the IRS
The Internal Revenue Service issued an official notice back in May, which allowed employers anticipating a refundable credit for qualified sick and family leave or