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OBBBA Penalty Relief: IRS Notice 2025-62 Provides Transition Year for “No Tax on Tips and Overtime” Reporting
At a Glance IRS Notice 2025-62 provides temporary penalty relief for tax year 2025 under the One Big Beautiful Bill Act (OBBBA). The notice applies

What Does Your Exit Map Look Like?
Most business owners have never exited their businesses before. Just like taking a big trip to a new place requires good planning to truly enjoy

Securing Remote Sales: How Dealerships Can Outsmart Fraud
In recent years, dealerships have embraced phone and online sales to streamline transactions and expand their market—but this convenience has also opened the door to

IRS Notice 2025-57: What Credit Unions Need to Know About the New OBBBA Auto Loan Interest Deduction
At a Glance The IRS has released Notice 2025-57 and Information Release 2025-105, offering transitional guidance for the new auto loan interest deduction created under

One Big Beautiful Bill: Key Tax Changes for Credit Unions
At a Glance The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces several tax and regulatory changes directly affecting credit

Logic vs. Legacy in Exit Planning
When planning for your eventual business exit, achieving financial security is the most important goal. But what happens when the emotional side of planning an

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

Credit Union Alert: FinCEN Proposes Rule to Strengthen AML/CFT Regulations
The Financial Crimes Enforcement Network (FinCEN) recently announced a proposed rule aimed at enhancing and modernizing Anti-Money Laundering (AML) and Countering the Financing of Terrorism

Fueling Innovation: Maine’s Strategic Support for Manufacturing Businesses
Maine’s manufacturing sector is receiving a significant boost through a series of strategic initiatives and grants aimed at promoting Maine-made products and supporting manufacturers in

The Tax Relief for American Families and Workers Act of 2024 – Updated 8/1
Update August 1, 2024 On Thursday, August 1, the Senate failed to pass the Tax Bill, which required 60 votes but only received 48 in

ARB Announces Recent Promotions
Albin, Randall & Bennett is pleased to announce the recent promotions of Matthew Marcoullier, Amy Gardella, Nate Marcet, Benjamin Staples, Tori Vergara, and several others.