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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)
Reap the Rewards of Reskilling and Upskilling
Tackling the Labor Shortage from Within Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Manufacturers continue to face a serious labor shortage. According to The
Tracking Individual Product Costs to Maximize Profits
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Tracking product-specific cost information can be challenging, but the benefits can be significant. By tracking the costs
Dealership Cash Management: The Best Ways to Invest Extra Funds
After the rapid growth of 2021 and 2022, auto dealerships are now operating in a more balanced market. While demand has stabilized, financial health remains
8 Benefits of 3D Printing for Manufacturers
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Amazingly, 3D printing has existed for more than 40 years. Recent improvements in the technology have increased
What a Business Plan Can Do for You
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. While the large market fluctuations seen during the COVID-19 pandemic are in the rearview mirror, uncertainties about