Blog | Albin Randall & Bennett
Recent Articles

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
UPDATE: The IRS recently expanded its guidance on the new overtime reporting requirements. Read our latest blog: 2026 W-2 Reporting Changes: Is Your Payroll Process

Exit Planning: Good Intentions, Empty Promises
As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is

EBSA Removes ESOPs from Its National Enforcement Project List: What ESOP Companies Should Know
At a Glance The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has formally ended its National Enforcement Project targeting Employee Stock Ownership Plans

NCUA Releases 2026 Supervisory Priorities: Key Takeaways for Credit Union Leaders
At a Glance The NCUA’s 2026 Supervisory Priorities reaffirm the agency’s commitment to risk-based supervision while highlighting key areas of examination focus for the year

QPVLI Compliance Guide: Reporting Vehicle Loan Interest Under the OBBBA
At a Glance The new Qualified Passenger Vehicle Loan Interest (QPVLI) deduction creates meaningful tax benefits for individual borrowers, but it also introduces significant reporting

Choosing the Right Business Entity: Understanding Tax Implications
Selecting the appropriate business entity structure is arguably the most crucial decision a business owner will make for their venture. Affecting everything from taxation to

Albin, Randall & Bennett Welcomes Logan Donahue to the Firm
Albin, Randall & Bennett is pleased to announce that Logan D. Donahue, CPA has joined the firm as Audit Senior Manager. Logan provides professional assurance

Firm to Table: A Tasting Menu of Meals and Entertainment Deductions in 2024
Keeping up with meal and entertainment expense deductions can be confusing. The Tax Cuts and Jobs Act (TCJA) of 2017, enacted in 2018, introduced significant

Change Is Coming for Crypto Reporting: IRS Releases Draft of Form 1099-DA
On April 18, the IRS released a draft version of Form 1099-DA, the form that will be used to report digital asset proceeds from broker

Cash Flow Management for Auto Dealers: How to Boost Profits Amidst Disruptions
A version of this article was originally published by the MSADA For automotive dealerships, maintaining a healthy cash flow has never been more crucial than