Blog | Albin Randall & Bennett
Recent Articles
Securing Remote Sales: How Dealerships Can Outsmart Fraud
In recent years, dealerships have embraced phone and online sales to streamline transactions and expand their market—but this convenience has also opened the door to
IRS Notice 2025-57: What Credit Unions Need to Know About the New OBBBA Auto Loan Interest Deduction
At a Glance The IRS has released Notice 2025-57 and Information Release 2025-105, offering transitional guidance for the new auto loan interest deduction created under
One Big Beautiful Bill: Key Tax Changes for Credit Unions
At a Glance The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces several tax and regulatory changes directly affecting credit
Logic vs. Legacy in Exit Planning
When planning for your eventual business exit, achieving financial security is the most important goal. But what happens when the emotional side of planning an
How OBBB Will Reshape Itemized Deductions for High-Income Earners
At a Glance The One Big Beautiful Bill (OBBB), enacted July 4, 2025, significantly reshapes itemized deductions for high-income taxpayers. Key provisions include a new
SECURE 2.0 Act Current Timeline for ESOPs, KSOPs, and 401(k)s
At a Glance The SECURE 2.0 Act brings several retirement plan changes that directly and indirectly affect ESOP-owned businesses. While many provisions target 401(k) and
How the One Big Beautiful Bill Changes Qualified Small Business Stock (QSBS) Tax Benefits
At a Glance The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, makes several key updates to Qualified Small Business Stock
Why Maine’s Pass-Through Entity Tax Could Benefit More Than Just High-Income Owners
Update: Maine has enacted an elective pass-through entity tax effective for tax years beginning in 2026. Read ARB’s current Maine PTET guide. ————————- Maine’s consideration
Payroll Implications of Maine’s Emerging Pass-Through Entity Tax
Update: Maine has enacted an elective pass-through entity tax effective for tax years beginning in 2026. Read ARB’s current Maine PTET guide. ————————- As Maine
2025 Electric Vehicle Requirements and Incentives Across New England: What Dealerships Need to Know
Electric vehicle (EV) requirements and incentives are in a period of transition across New England. Between shifting state sales mandates, adjustments to rebate programs, and
OBBBA Penalty Relief: IRS Notice 2025-62 Provides Transition Year for “No Tax on Tips and Overtime” Reporting
At a Glance IRS Notice 2025-62 provides temporary penalty relief for tax year 2025 under the One Big Beautiful Bill Act (OBBBA). The notice applies