Blog | Albin Randall & Bennett
Recent Articles
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
Recognizing the Value in Your Management Team
Attracting and retaining motivated and dedicated key employees should be crucial to any business plan, but it is all too easy to mistake for a
Cybersecurity: Is Your Data Safe?
It’s no secret that incredible technological strides in banking have been made over the past decade. The benefits we experience with new technologies and the
FinCEN Releases Additional Guidance on BSA/AML Customer Due Diligence for Hemp-Related Businesses
On August 3rd, the Financial Crimes Enforcement Network (FinCEN) issued additional guidance to financial institutions further clarifying the regulatory requirements surrounding customer due diligence (CDD)
Business Planning Solutions: Maintaining Adequate Cash Flow for Closely-Held Businesses
The effects of the COVID-19 crisis brought an end to the longest run of economic expansion in US history, leaving many businesses searching for creative
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