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
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.
Dealership Year-End Review and Clean-up – It’s not too Late!
The first couple weeks of January can be a blur from the time you step back in the dealership after New Year’s Day to the
Maine LD 1891: Boosting Economic Growth through Pass-Through Entity Tax and Child Care Tax Credit
Maine’s LD 1891, a legislative initiative aimed at enhancing economic growth, introduces key measures focused on pass-through entity taxation and child care support. This comprehensive
New Beneficial Ownership Information Reporting Requirements
Reporting Deadline: January 1, 2025 Many business entities are facing a new information reporting requirement as to who ultimately owns and controls the entity (“Beneficial
Profitability Through Expense Control
This article was originally published by the MSADA Although not as strong as they have been the past couple of years, dealer profits have generally