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
5 Commonly Overlooked Tax Deductions and Tax Credits—and How You May Qualify
Tax credits and tax deductions can offer significant savings, but many taxpayers overlook these opportunities. Tax deductions reduce your taxable income, while tax credits directly
Ensuring Secure Communication and Protecting Your Identity This Tax Season
During tax season, the risks associated with sharing sensitive information rise dramatically. Cybercriminals often target taxpayers and tax professionals, exploiting vulnerabilities in digital communications to
Clarifying the Supreme Court Update to BOI Reporting Requirements
Beneficial Ownership Information (BOI) Reporting Update – January 23, 2025 The U.S. Supreme Court ruling on January 23, 2025, has created significant confusion regarding Beneficial
Maximizing Your 401(k) Savings at Age 60: New Rules for 2025
If you’re nearing retirement, new 401(k) rules could help you save significantly more. Starting in 2025, Americans aged 60 to 63 will benefit from enhanced
A Tale of Two Clients: The Benefits of Staying Connected with Your Accountant
The strength of the relationship between a Certified Public Accountant (CPA) and their client is crucial for financial success. A strong, ongoing partnership allows the