Blog | Albin Randall & Bennett
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Spirit of Caring, Giving and Sharing
ARB’s 2020 Holiday Community Project While difficult for many, 2020 has disrupted life for some more drastically. This year, ARB teamed up with Freeport Community
Congress Passes COVID-19 Relief Package: Includes PPP, Unemployment Assistance & Recovery Rebates
On December 21, 2020, Congress passed a $900 billion COVID-19 relief package as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal, a year-end spending bill
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 &
Webinar: Like-Kind Exchanges (IRC 1031)
ARB Principal David V. Jean CPA, CCIFP, CExP, provides a detailed overview of like-kind exchanges. From discussing the “loophole” that allows taxpayers to defer and
The NCUA’s New Rules on the Transition to the CECL Methodology & Capitalization of Interest
The journey to implement the Current Expected Credit Losses (CECL) accounting method has proven to be especially complex for credit unions. The Financial Accounting Standards
PPP Borrowers Are No Longer Required to Submit Forms 3509 & 3510 for Forgiveness of Large Loans
Paycheck Protection Program (PPP) loan borrowers will no longer required to submit Form 3509, PPP Loan Necessity Questionnaire (For-Profit Borrowers) and Form 3510, PPP Loan
New Hampshire Legislation Reduces Corporate Taxes & Eliminates Personal Income Tax
On June 28, 2021, New Hampshire Governor Chris Sununu signed HB2, An Act Relative to State Fees, Funds, Revenues, and Expenditures. The Act provides tax
How Contractors Can Avoid 10 Common Exit Planning Mistakes
Exiting your business requires long-term, comprehensive planning, whether you plan to pass your company to family members, sell your interest to a partner, or sell