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)

Cheri Walker and Holly Ferguson Named to Forbes 2025 Best-in-State Top CPAs List
Albin, Randall & Bennett is proud to announce that Cheri Walker and Holly Ferguson have been named to the Forbes 2025 Best-in-State Top CPAs list.

Is CRM Software for Construction Companies, Too?
Originally published in On-Site, ARB’s Construction Industry newsletter. In technological parlance, “digital transformation” refers to many businesses’ ongoing efforts to digitalize all their processes. One

Business Success: The Power of Dreaming
Dreaming is often the foundation of creating your ideal reality. For many business owners, their success started with a simple dream: “What if I could

Considering the Cost Savings of Mobile Field Fueling
Originally published in On-Site, ARB’s Construction Industry newsletter. Keeping construction vehicles and equipment fueled up has always been a challenge. Customarily, contractors transport vehicles and

Why Busy Contractors Should Consider Benchmarking
Originally published in On-Site, ARB’s Construction Industry newsletter. If you’re like most busy construction business owners, you have plenty on your plate. Adding anything more