Blog | Albin Randall & Bennett
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ESOP Considerations for Construction Companies
Employee Stock Ownership Plans (ESOPs) have been on the rise since the Employee Retirement Income Security Act of 1974 (ERISA) set the foundation for the
Proposed Regulation Big Win For Auto Dealers
On Friday, September 13th the Treasury Department and Internal Revenue Service released final regulations and additional proposed regulations under IRC Section 168(k) that address guidance
Construction and Real Estate Tax and Financial Update Workshop
Register As leaders in accounting and consulting for construction and real estate companies, it’s important to us to bring our knowledge and experience to
ARB Named one 2019’s Best Places to Work in Maine
Albin, Randall & Bennett was recently named as one of the 2019 Best Places to Work in Maine. The awards program was created in 2006 and is
Are You Ready for the New Revenue Recognition Standard?
If your company gets revenue from contracts with customers, as construction companies do, you’d better be ready for ASC 606, the new revenue recognition standard
FASB Proposes Extended Effective Dates for Private Companies and Nonprofits
Yesterday the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update that changes the effective date for certain new accounting standards. Private companies and nonprofits will
PPP Services Group Supports Businesses Through the PPP Loan Forgiveness Application Process
Since the program’s onset in early April, the Paycheck Protection Program (PPP) has provided critical support across the U.S. to nearly 4 million businesses affected
IRS Provides 2020 Required Minimum Distribution Rollover Relief
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs
New PPP Loan Forgiveness Provisions Introduced in Latest SBA/Treasury Interim Final Rule
Last week, the SBA, in conjunction with the U.S. Treasury, issued the revised PPP Loan Forgiveness Application, which incorporates changes as a result of the
SBA and US Treasury Issue Updated PPP Guidelines on Loan Forgiveness & Transparency
The SBA and Treasury have issued a number of new guidelines in recent weeks that affect both current and potential PPP loan recipients. We have
Webinar: PPP Flexibility Act
Yet another change to the PPP loan program was signed into law on June 5th by President Trump, the Paycheck Protection Program Flexibility Act of