Blog | Albin Randall & Bennett
Recent Articles
Revisiting the Opportunity Zone Tax Deferral Provision
The Tax Cuts and Jobs Act of 2017 (TCJA) established section 199A to help reduce income tax liability for individuals, trusts, and estates to parallel
Is Your Brewery Taking Full Advantage of the R&D Credit?
The Research & Development (R&D) Tax Credit has been around since 1981, but don’t let this one’s age fool you. The legislation behind the credit
Calling all Accounting Majors: Albin, Randall & Bennett Externship May 13-14
Albin, Randall & Bennett, CPAs, is a firm known for providing savvy and sensible advice to growing businesses and families in New England. We’re hosting
Auto Dealership Opportunities in the Tax Code
Tax Incentives For Auto Dealers Auto dealers by instinct are always looking for the edge, and when it comes to income taxes they are looking
NCUA Issues Annual Letter to Credit Unions for 2020
On January 7, 2020, the National Credit Union Administration (NCUA) issued its annual letter to credit unions. The 2020 letter discusses supervisory priorities in preparing
Forecasting 2020 for the Automotive Industry
Although 2019 wasn’t a record sales year for the automotive industry, it was still a solid year, and many dealers were profitable. According to most
FinCEN Issues BSA/AML Due Diligence Guidance for Hemp-Related Businesses
On June 29th, the Financial Crimes Enforcement Network (FinCEN) issued new guidance in an effort to expand the financial services available to hemp-related businesses and
USMCA Replaces NAFTA: Provisions Benefit Small Businesses, the Automotive Sector & Manufacturing Companies
For merchandise entered into commerce after July 1st, the North American Free Trade Agreement (NAFTA) rules no longer apply. After almost 27 years of trading
PPP Loan Forgiveness Workbook
Though the workbook is no longer available, the team at ARB is here to help with PPP forgiveness and other pandemic related business needs. Contact
PPP Services Group Supports Businesses Through the PPP Loan Forgiveness Application Process
Since the program’s onset in early April, the Paycheck Protection Program (PPP) has provided critical support across the U.S. to nearly 4 million businesses affected
IRS Provides 2020 Required Minimum Distribution Rollover Relief
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs