Blog | Albin Randall & Bennett
Recent Articles
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.
FASB Issues ASU Delaying Effective Date for Revenue Recognition & Lease Accounting Standards for Certain Entities
The COVID-19 pandemic has significantly impacted the global economy, and U.S. businesses are no exception. On June 3, 2020, the Financial Accounting Standards Board (FASB)
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
One Big Beautiful Bill: Strategic Tax Insights for High-Net-Worth Individuals & Family Offices
The One Big Beautiful Bill permanently raises estate and gift exemptions to $15 million per individual (indexed), locks in today’s top 37% income tax rate,
Knowledge Is Power: Use Advanced Data Analytics to Optimize Your Manufacturing Facility
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Manufacturers have long gathered and analyzed data to make strategic decisions about their manufacturing processes. This is