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Recent Articles

Manufacturing in Maine 2025 Year in Review
At a Glance Maine’s manufacturing sector spent 2025 balancing innovation and resilience. Despite global uncertainty, the state saw continued investment in advanced materials, precision manufacturing,

Construction Industry in Maine 2025 Year in Review
At a Glance As 2025 draws to a close, Maine’s construction industry stands at a crossroads between growth and growing pains. From the rising cost

NIL Income and Taxes: What College Athletes and Families Need to Know
At a Glance The NCAA’s Name, Image, and Likeness (NIL) program has transformed college athletics, allowing student-athletes to earn money through sponsorships, appearances, and more.

Building Business Value Via Your Employees
Your employees can be a huge differentiator in terms of building your business’s value. However, it’s important for you to understand how to properly motivate

State Conformity to OBBBA Tax Provisions: What Businesses and Taxpayers in Maine, Massachusetts, and New Hampshire Need to Know
At a Glance The One Big Beautiful Bill Act (OBBBA) significantly changes federal tax rules beginning in 2025, but Maine, Massachusetts, and New Hampshire vary

How a Strong Month-End Close Drives Dealership Financial Success
Running an auto dealership means coordinating several interconnected departments—sales, parts, service, and financing—all moving at high speed. Without a solid month-end close, it’s easy for

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