Blog | Albin Randall & Bennett
Recent Articles
How OBBB Will Reshape Itemized Deductions for High-Income Earners
At a Glance The One Big Beautiful Bill (OBBB), enacted July 4, 2025, significantly reshapes itemized deductions for high-income taxpayers. Key provisions include a new
SECURE 2.0 Act Current Timeline for ESOPs, KSOPs, and 401(k)s
At a Glance The SECURE 2.0 Act brings several retirement plan changes that directly and indirectly affect ESOP-owned businesses. While many provisions target 401(k) and
Federal ESOP Legislation Update: Key 2025 Bills and What They Mean for Employee-Owned Companies
At a Glance This article summarizes recent federal legislation affecting employee stock ownership plans (ESOPs), including bills passed by the Senate in 2025 and others
Which Calculated Risks Should You Consider?
Minimizing risks is a goal that many business owners have. But sometimes, there are instances where taking calculated risks becomes a necessity, especially when you
Understanding the AGI Reduction for Charitable Contributions Under the OBBB
At a Glance The One Big Beautiful Bill (OBBB) introduces an annual reduction equal to 0.5% of adjusted gross income (AGI) for charitable contribution deductions
Consider an SOC Report to Help Manage Supply Chain Risks
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. The pandemic revealed just how fragile global supply chains can be. In addition to contagious diseases, various
CDK One Year Later: How Auto Dealerships Are Rebuilding and Preparing for the Future
In June 2024, a cyberattack on CDK Global disrupted dealership operations across the country. Offline dealership management systems (DMS) left thousands of businesses unable to
What’s in the Senate Version of the One Big Beautiful Bill?
On June 16, 2025, the Senate Finance Committee released its version of the “One Big Beautiful Bill,” a sprawling tax package that—like its House counterpart—proposes
Purchasing Fixed Assets? Make the Most of Depreciation Tax Breaks
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Manufacturing is a capital-intensive business. So, if you’re investing in equipment, plant improvements or other depreciable property,
IRS Moves Toward Mandatory Electronic Payments: What You Need to Know (UPDATED 9/24/2025)
Update (September 24, 2025): The IRS has announced that it will begin phasing out paper tax refund checks for individual taxpayers starting September 30, 2025,
Exit Planning: Building Your Mastermind Group of Business Owners
In a recent article, we discussed how working with an Advisor Team can help you find answers to challenging business questions. In addition to your