Blog | Albin Randall & Bennett
Recent Articles

Managing Cash Flow Is Critical in Both Challenging and Good Times
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. In times of economic distress or industry uncertainty, cash flow issues can quickly bubble to the surface.

IRS Issues Interim Guidance on Bonus Depreciation Under the One Big Beautiful Bill Act
At a Glance The IRS has issued interim guidance (Notice 2026-11) explaining how the One Big Beautiful Bill Act affects first-year depreciation deductions, with a

Inflation, Costs, and Fear of Rising Prices
External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to

Massachusetts Proposes Legislation to Delay OBBBA Conformity: What It Means for Businesses and Taxpayers
At a Glance Massachusetts lawmakers are considering legislation that could change how—and when—certain federal tax benefits under the One Big Beautiful Bill Act (OBBBA) apply

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
At a Glance The IRS has released FAQs clarifying the new federal income tax deduction for qualified overtime compensation enacted under the One Big Beautiful

Massachusetts Tax Reform: Single-Sales Factor Apportionment and Other Changes for 2025
On October 4, 2023, Governor Maura Healey signed House Bill 4104, “An Act to Improve the Commonwealth’s Competitiveness, Affordability, and Equity.” This legislation provides significant

New Hampshire Interest & Dividends Tax Repeal: A Quick Look at Key Changes
The repeal of New Hampshire’s Interest & Dividends (I&D) tax in 2025 may be short-lived. In January 2025, Representative Thomas Schamberg introduced HB 503-FN, proposing

New Hampshire Ends Interest & Dividends Tax—For Now: A Detailed Look at the Repeal and Potential Return
For an overview of New Hampshire’s Interest & Dividends Tax status, read NH Interest & Dividends Tax Repeal: A Quick Look at Key Changes. New

The Dealer’s Roadmap to 401(k) Compliance: Avoiding Costly Mistakes
Why Compliance Matters For car dealership owners, offering a 401(k) plan is a strategic way to attract and retain top talent while supporting employees’ long-term

IRS Audit Prevention: Essential Steps for Businesses and Individuals
With the passing of the Inflation Reduction Act in 2022, the IRS received $80 billion to enhance enforcement efforts, including hiring more auditors. This investment