Blog | Albin Randall & Bennett
Recent Articles
Exit Planning in an Uncertain Economy: Business Growth Opportunities Remain Despite COVID-19 Crisis
As a business owner, exit planning is inevitable. From planning to implementation, exiting a business often takes about 3-5 years, so a comprehensive exit plan
IRS Issues Notice 2020-39: Provisions Provided for QOF Investors Affected by COVID-19
The 2017 Tax Cuts and Jobs Act introduced legislation surrounding the Opportunity Zone Program, a tax incentive program allowing tax breaks for those investing in
MANP Issues Guidelines for Safely Reopening Nonprofit Organizations in Maine
All sectors of business in Maine have been affected by the COVID-19 crisis, and nonprofits are definitely no exception. As our communities, businesses, and organizations
Tax Planning for 2020, A Pandemic Year
This year is already turning out to be a unique one, in terms of its uncertainty associated with the COVID-19 pandemic. It seems like so
Qualified Improvement Property –Error Fixed!
The CARES Act was passed in late March, largely to provide stimulus and emergency assistance to individuals and businesses adversely impacted by the coronavirus pandemic.
FASB Issues ASU Delaying Effective Date for Revenue Recognition & Lease Accounting Standards for Certain Entities
The COVID-19 pandemic has significantly impacted the global economy, and U.S. businesses are no exception. On June 3, 2020, the Financial Accounting Standards Board (FASB)
Employee Benefit Plan Roundup: What to Expect in 2024
There has been a lot of buzz surrounding retirement savings and employee benefit plans recently, even more so after new legislation and sweeping changes to
Using Succession Planning Services to Set Smart Exit Goals
As the saying goes, you can’t take it with you. Every business owner will eventually have to exit their business, whether by choice or because
Headlights: Autumn 2023
Download the PDF Managing Factory Incentives With supply chains still shaking off the effects of the pandemic and demand starting to soften, original equipment manufacturers
Should Your Auto Dealership Elect LIFO for 2023? Time To Decide is Running Short.
New vehicle inventories have continued to build since the lows experienced during and immediately following the pandemic, and with inflation and profits at near record
Driving Dealership Profitability Through Ancillary Business as the Automotive Industry Evolves
Even through a global pandemic and record inflation, automotive profitability soared during 2022 and remains strong for 2023. Despite overall growth across the industry, many