Blog | Albin Randall & Bennett
Recent Articles

ARB Places 4th and 9th in MECPA Exercise Challenge
On November 15th, Albin, Randall and Bennett finished the last day of the six-week “Commit to Fit” challenge hosted by the MECPA. With only six

IRS Issues Revenue Ruling on Deductions Related to PPP Loan Forgiveness
The IRS has issued Revenue Ruling 2020-27, which sets forth the IRS’s position on the timing of the disallowance of deductions related to Paycheck Protection

Surety Teams: David Jean Contributes to Construction Executive
Some say it takes a village, while Construction Executive suggests a lead singer relies on the support of the band behind them. Whichever metaphor you

PPP Loans, Forgiven Expenses, & 2020 Deductions
As tax planners, we are familiar with the uncertain world of predicting future events and their related tax consequences. In working with businesses who obtained
PPP & EIDL Borrower Information to be Released by SBA
Throughout the ongoing legal battle with national-news organizations, the SBA has pushed for withholding certain PPP loan borrower information. The SBA claimed the information withheld

Avoiding Common 401(k) Plan Missteps
Your company’s 401(k) benefit plan is a key incentive for attracting and retaining the employees responsible for maintaining (and increasing) your cash flow, customer relationships,

How Proper Internal Controls Can Help Your Nonprofit Succeed
Controls over operating processes are essential for all organizations, including nonprofits. This can sometimes be extremely challenging for smaller nonprofits due to a limited number

Is Your Manufacturing Company Leveraging The Digital Transformation?
Technology plays an integral part in manufacturing. To stay on the leading edge of the industry, manufacturers keep a constant watch on technology trends and

DOL Releases Cybersecurity Guidance for Protecting Employee Benefit Plans
On April 14, 2021, the United States Department of Labor’s (DOL) Employee Benefits Security Administration published three cybersecurity guidance releases. Cybersecurity Program Best Practices and

SBA Prepares to Launch Restaurant Revitalization Fund Program
Eligible establishments may begin the application portal registration process for the SBA’s Restaurant Revitalization Fund (RRF) on Friday, April 30, 2021, at 9 a.m. EDT.

Aggregating Dealership Activities Might Increase Your 199a Deduction
Section 199a of The Tax Cuts & Jobs Act of 2017 (TCJA) established the Qualified Business Income Deduction (QBID or 199a deduction), a 20% deduction