Blog | Albin Randall & Bennett
Recent Articles

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

3 Construction Trends Reshaping the Industry in 2024
Even as the largest industry in the world, construction has not always been at the forefront of innovation and technology. In fact, the industry has

Update on Maine LD 1891: Testimony Recap
On January 25, 2024, ARB Principal John E. Hadwen provided testimony before the Maine Legislature on LD 1891: An Act to Support Maine Businesses Through

New EV Tax Credit Goes into Effect in 2024
Electric vehicle (EV) tax credits have historically been one of the most substantial federal initiatives available to American consumers, and thanks to a new clean

Three Things Credit Unions Can Consider in Light of Recent Fed Rates
The Federal Reserve’s 2023 strategy to combat record inflation in the United States was largely marked by a parade of federal funds rate hikes and

Securing Your Legacy: Succession Planning for Optimal Transactional Value Webinar Recap
The same principles that build and strengthen a business in the present increase the odds of a profitable exit. That’s why business succession planning is a continuous process; not something to begin when the founder is preparing to leave the business.