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)
Tax Preparation and Your Advisory Team: Tackling the Process Together
Preparing tax returns, whether for a business or an individual, is a collaborative process that depends on the relationship between the taxpayer and their team
Tips for College Students Navigating the Accounting Recruiting Season
Navigating the accounting recruiting season can be both exciting and daunting for college students. This crucial period is your gateway to landing internships, entry-level positions,
ARB Named to Best Places to Work in Maine List for 12th Year Running
For the twelfth year in a row, Albin, Randall & Bennett has earned a place on the Best Places to Work in Maine list. This
Owning Change: Continuity Planning for Businesses in Ownership Transitions
Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of a sole
Protecting the Financial Well-being of Your Automotive Dealership
For many dealers, it’s been several years since they’ve had to actively manage the financial health of their dealerships. Grosses were at historical highs, demand