Blog | Albin Randall & Bennett
Recent Articles
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
What Does the State-of-Emergency Mean for Maine’s Construction Companies?
Yesterday, Governor Mills issued an Executive Order with rules governing business operations during this state of emergency. Under the order, construction is considered an essential
ARB Announces Fall Promotions
Albin, Randall & Bennett is excited to announce 11 employee promotions! ARB congratulates Robin Cyr, Benjamin Lord, Samantha Pedersen, Gisèle Couturier, Amy Gardella, Jennifer Lemay,
2020 Tax Planning for Private Wealth, Closely Held Businesses, & Related Ventures
Tax planning for year-end 2020 will occur under very unique circumstances. COVID-19 has had an economic impact on all walks of life and industry sectors,
The CARES Act: A Closer Look at Certain Provisions for Manufacturers
Manufacturers have a lot on their minds, from maintaining operations and adapting business models to navigating supply chain and workforce issues. The CARES Act was
SBA & Treasury Issue Simplified PPP Forgiveness Application for Smaller Loans
On October 9th, the SBA and US Treasury announced a new, simpler loan forgiveness application and process for PPP recipients of loans for $50,000 or
Credit Unions Must Notify PPP Borrowers of Extended Deferral Period
The Paycheck Protection Program Flexibility Act of 2020 extended the 6 month deferral period for Paycheck Protection Program (PPP) borrower payments of principal, interest, and