Blog | Albin Randall & Bennett
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IRS FIRE is retiring: Prepare now for IRIS in 2027
The way businesses electronically file 1099s and other information returns with the IRS is changing. The IRS is retiring its Filing Information Returns Electronically (FIRE)

2026 W-2 Reporting Changes: Is Your Payroll Process Ready?
If your business pays overtime or employs workers who earn tips, there’s a new payroll reporting requirement you shouldn’t wait until year-end to address. Beginning

ARB Earns 2026 Best Places to Work Honors
Albin, Randall & Bennett is proud to be one of the 2026 Best Places to Work in Maine and Best Places to Work for Women.

Maine PTET 2026: An Annual Planning Decision for Business Leaders
Maine’s new PTET begins in 2026. Learn who qualifies, how the 90% credit works, and what businesses should consider before making the annual election.

ARB Announces 2026 Promotions
Albin, Randall & Bennett is pleased to announce the following promotions: Nate Marcet, CPA, is promoted to Tax Director. Nate joined ARB in 2023 and

Albin, Randall & Bennett Announces the Promotions of Matthew S. Marcoullier and Samantha J. Pedersen to Principal
PORTLAND, MAINE, JULY 27, 2026 —Albin, Randall & Bennett (ARB) is pleased to announce the promotions of Matthew S. Marcoullier, CPA, and Samantha J. Pedersen, CPA, to

How the Credit Card Swipe Fee Settlement Will Set Retailers Free
On March 26, credit card giants Visa and Mastercard reached a monumental $30 billion settlement with retailers. The settlement ends a longstanding legal battle over

Don’t Let Prevailing Wage Requirements Get You Down: A Proactive Approach to Energy Efficiency Incentives
Section 45L and Section 179D of the Internal Revenue Code—the Inflation Reduction Act (IRA) has brought significant changes to both incentives. Possibly the most cumbersome

ARB 2024 Tax Day Takeaways
Another April 15 has come and gone. Every Busy Season has its own unique challenges and opportunities. This year, we were reminded that Mother Nature

IRS Extends Tax Relief to Maine Taxpayers Affected by Severe Storms and Flooding (UPDATED April 9, 2024)
In response to severe storms and flooding in Maine, the IRS and Maine Department of Revenue Services has announced significant tax relief measures for individuals

Surety Bonds in the Private Equity-Backed Construction Industry
Private equity firms have historically avoided investments in the construction industry, likely due to its reputation as a seasonal, market-specific enterprise with little cash flow