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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

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

How to Glean Meaningful Manufacturing KPIs from Financial Statements
As a manufacturer, you are most likely already tracking fundamental key performance indicators (KPIs) like sales, expenses, and profits. In addition to these critical metrics,

U.S. Treasury Department Update: EV Tax Credits
Yesterday, members of ARB’s Dealer Services team attended a clean vehicle tax credit briefing hosted by the U.S. Treasury Department to discuss the technical aspects of dealer registration and the EV tax credit portal in preparation of its opening.

New 401(k) Contribution Limits go into Effect for 2023
The steady increase in the cost of living and inflation across the U.S. has impacted virtually every aspect of the economy. Luckily, your 401(k) may