Blog | Albin Randall & Bennett
Recent Articles
CECL Adoption: A Complex Journey for Credit Unions
Financial institutions gained some breathing room last summer when the implementation deadline for the new CECL reporting standard was pushed to 2022 for non-publicly traded
Key Steps for Preparing a Business for Sale
It’s your largest asset and one that you have spent a lifetime building. Preparing your business for sale may seem daunting, but one thing is
Maine and Connecticut Adopt Paid Family and Medical Leave
Last month we told you about the approaching effective date for the new Paid Family and Medical Leave law in Massachusetts. Since then, both Connecticut
ARB Hosts Annual Spring Externship, Experience ARB
Experience Career. Experience Culture. EXPERIENCE ARB Albin, Randall & Bennett, CPAs, a firm known for providing savvy and sensible advice to growing businesses and
ARB Proudly Sponsored and Participated in the hear ME now! Annual “Break the Sound Barrier” Ski Race
On Sunday, March 3, 2019, ARB was a proud sponsor and participant in the hear ME now! 17th Annual “Break the Sound Barrier” Ski Race. ARB’s
Was that vendor you just paid a ghost?
A Maine based company recently paid $460,000 to what it thought was a vendor’s account, only to find out that it wasn’t. As a result,
Exit Planning in an Uncertain Economy: Business Growth Opportunities Remain Despite COVID-19 Crisis
As a business owner, exit planning is inevitable. From planning to implementation, exiting a business often takes about 3-5 years, so a comprehensive exit plan
IRS Issues Notice 2020-39: Provisions Provided for QOF Investors Affected by COVID-19
The 2017 Tax Cuts and Jobs Act introduced legislation surrounding the Opportunity Zone Program, a tax incentive program allowing tax breaks for those investing in
MANP Issues Guidelines for Safely Reopening Nonprofit Organizations in Maine
All sectors of business in Maine have been affected by the COVID-19 crisis, and nonprofits are definitely no exception. As our communities, businesses, and organizations
Tax Planning for 2020, A Pandemic Year
This year is already turning out to be a unique one, in terms of its uncertainty associated with the COVID-19 pandemic. It seems like so
Qualified Improvement Property –Error Fixed!
The CARES Act was passed in late March, largely to provide stimulus and emergency assistance to individuals and businesses adversely impacted by the coronavirus pandemic.