Blog | Albin Randall & Bennett
Recent Articles
Tax Planning: C Corporation Owners May Face IRS Scrutiny
Originally published in On-Site, ARB’s Construction Industry newsletter. Construction is a high-risk industry. Many contractors convert their businesses to C corporations to avoid personal liability for
IRS Issues FAQs on Deduction for Qualified Overtime Compensation
UPDATE: The IRS recently expanded its guidance on the new overtime reporting requirements. Read our latest blog: 2026 W-2 Reporting Changes: Is Your Payroll Process
Exit Planning: Good Intentions, Empty Promises
As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is
EBSA Removes ESOPs from Its National Enforcement Project List: What ESOP Companies Should Know
At a Glance The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has formally ended its National Enforcement Project targeting Employee Stock Ownership Plans
NCUA Releases 2026 Supervisory Priorities: Key Takeaways for Credit Union Leaders
At a Glance The NCUA’s 2026 Supervisory Priorities reaffirm the agency’s commitment to risk-based supervision while highlighting key areas of examination focus for the year
QPVLI Compliance Guide: Reporting Vehicle Loan Interest Under the OBBBA
At a Glance The new Qualified Passenger Vehicle Loan Interest (QPVLI) deduction creates meaningful tax benefits for individual borrowers, but it also introduces significant reporting
How Externships and Internships Help You Choose the CPA Firm That Works for You
Starting a career in accounting isn’t just about choosing a major—it’s about finding the right environment to grow professionally. With so many CPA firms offering
ARB Earns Spot on Best Places to Work in Maine List for 13th Consecutive Year
For the thirteenth consecutive year, Albin, Randall & Bennett has been recognized among the Best Places to Work in Maine. This milestone underscores ARB’s continued
OBBB Update: No Changes to Returns or Withholding for Tax Year 2025 Under the One Big Beautiful Bill Act
The IRS has confirmed that for the 2025 tax year, employers and payroll providers should continue using the current forms and withholding schedules — including
Pondering the Possibility of Sale-Leaseback Financing
Originally published in On-Site, ARB’s Construction Industry newsletter. The construction industry is characterized by intense cash flow challenges. Generally, construction companies don’t get paid until
Online Image Tips for Aspiring Accountants
If you’re thinking about a career in accounting, you’re probably focused on coursework, internships, and landing that first job. But there’s something else employers are