Blog | Albin Randall & Bennett
Recent Articles
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
Presenting Financial Statements to Your Board of Directors
As a nonprofit organization, governance lies with your Board of Directors. The Board holds the ultimate responsibility for your organization, including tax and reporting compliance,
Albin, Randall & Bennett Promotes New Principals
Laura T. Everett, CPA and Matthew J. Pore, CPA Promoted to Principal Portland, Maine – January 1, 2020 – Albin, Randall & Bennett (ARB), a
New Tax Legislation-December 2019
Once again, Congress has passed tax legislation just before Christmas. This year, the tax provisions were attached to an enormous spending bill. The tax portion
Nonprofits Set to Save on Employee Transportation Costs with Passage of New Spending Bill
A newly passed federal spending bill has wide-ranging implications for both businesses and individuals, but one key section is of particular note for nonprofits that
A Path to Success: Back to Construction Business Basics, Part I
The effects of the COVID-19 crisis brought an end to the longest run of economic expansion in US history. The construction industry has been on
Considerations for ALLL Calculations and Regulatory Updates Affecting Credit Unions
When the economy is stable and it’s “business as usual,” it’s reasonable to assume historical experience can be used in estimating future outcomes. Conversely, periods
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