Blog | Albin Randall & Bennett
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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

FinCEN Clarification: BSA Due Diligence for Charities and Nonprofits
In an effort to provide clarity to credit unions on applying a risk-based approach to BSA due diligence for charities and nonprofit organizations, FinCEN, in

IRS Issues Final Regulations: UBIT and Calculating UBTI for Separate Unrelated Trades and Businesses
The IRS recently issued final regulations that provide exempt organizations subject to the unrelated business income tax (UBIT) with guidelines for determining whether their organization

ARB is Thankful. . .
What is ARB thankful for this year? 2020 has been a year full of unexpected surprises and developing new norms. However, through the chaos, ARB

Webinar: What Do Football and Construction Firms Have in Common?
Few people thought there would be a 2020 football season. Millions of people are tuning in to cheer on their favorite teams and Monday Morning

Maine’s Business Equipment Tax Programs Can Provide Tax Relief for Eligible Businesses
The State of Maine offers Business Equipment Tax Programs to provide eligible Mainers with tax relief and to encourage capital investment in Maine. The Business

Supreme Court Vacates District Court’s Judgement on a Provision of the Affordable Care Act
On June 17, 2021, the Supreme Court issued an opinion that reverses and remands California et al. v. Texas et al. The lawsuit was originally

PPP Recipients in NH Catch a Break | Fate of the Millionaires Tax Falls to MA Voters
New Hampshire Exempts Forgiven Paycheck Protection Program (PPP) Loans from Business Profits Tax Governor Chris Sununu signed SB 3 on Thursday, June 10th, adding New

Maine’s Back-To-Work Grant Program
The Mills Administration launched a new program to boost the State of Maine’s economy by bringing workers to Maine employers in need and getting unemployed

How Does SAS 136 Change the Rules for a Limited Scope Audit?
Nearly two years ago, the AICPA issued Statement on Auditing Standards (SAS) No. 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit

What’s the Right Entity Type Selection for Your Business?
Entity selection is an important decision when starting a new business. It’s a decision that requires more thought than many new business owners may anticipate.