Blog | Albin Randall & Bennett
Recent Articles

How Blockchain Technology Can Benefit Your Supply Chain
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Blockchain technology is increasingly transforming manufacturing supply chains. In a traditional supply chain, tracking the journey from

Pursuing Trends vs. Using Fundamentals
Differentiating your business is an important element of growing it successfully. But how should you draw the line between pursuing the newest trends and sticking

What Should You Do with a Stalled Project?
Originally published in On-Site, ARB’s Construction Industry newsletter. Stalled construction jobs are far from unusual. Earlier this year, software developer ConstructConnect’s Project Stress Index indicated

Fine-Tune Your Financial Clarity with Benchmarking Studies
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Behind every manufacturing company’s production is a complex financial engine. Understanding that engine is critical for your

The Evolution of BIM: What Contractors Need to Know
Originally published in On-Site, ARB’s Construction Industry newsletter. Building information modeling (BIM) has been around for a while. Yet the concept and software continue to

Don’t Be a Pest: Exiting with Grace
Letting go of the business you own may be one of the hardest things you’ll ever have to do. A key goal of Exit Planning

Navigating Lessee Lease Modifications and Amendments
Overview of ASC 842 The introduction of Accounting Standards Codification (ASC) 842 significantly transformed lease accounting under U.S. Generally Accepted Accounting Principles (GAAP). This update

BOI Update: Federal Court Halts Beneficial Ownership Reporting Requirements
UPDATED 12/27/24 The enforcement of Beneficial Ownership Information (BOI) reporting requirements remains in flux, with ongoing rulings and deadline changes continuing to alter its status:

Understanding Maine’s New Sales Tax Rules for Lease and Rental Transactions
Starting January 1, 2025, Maine is implementing significant changes to its sales tax laws, specifically affecting lease and rental transactions. These tax law changes attempt

Disaster Planning for Auto Dealerships: Safeguarding Your Business from Natural Emergencies
Protecting your business is critical, especially in the face of natural disasters such as hurricanes, floods, wildfires, and tornadoes. According to FEMA, about a quarter

Introducing IRS Form 15620: Your Ticket to Streamlined Savings on Equity Compensation Tax
On November 7, 2024, the IRS introduced Form 15620 to standardize the Section 83(b) election process for taxpayers receiving unvested property such as restricted stock.