Blog | Albin Randall & Bennett
Recent Articles
Managing Cash Flow Is Critical in Both Challenging and Good Times
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. In times of economic distress or industry uncertainty, cash flow issues can quickly bubble to the surface.
IRS Issues Interim Guidance on Bonus Depreciation Under the One Big Beautiful Bill Act
At a Glance The IRS has issued interim guidance (Notice 2026-11) explaining how the One Big Beautiful Bill Act affects first-year depreciation deductions, with a
Inflation, Costs, and Fear of Rising Prices
External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to
Massachusetts Proposes Legislation to Delay OBBBA Conformity: What It Means for Businesses and Taxpayers
At a Glance Massachusetts lawmakers are considering legislation that could change how—and when—certain federal tax benefits under the One Big Beautiful Bill Act (OBBBA) apply
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
At a Glance The IRS has released FAQs clarifying the new federal income tax deduction for qualified overtime compensation enacted under the One Big Beautiful
Making Sense of Nonemployee Compensation Reporting: What you should know going into the 2023 tax year
In addition to their full-time employees, many businesses seek the services of independent contractors to supplement their workforce. While outsourcing skills and services is a
2023 Tax Avoidance Schemes Targeting Closely Held Businesses
The IRS has to update its Dirty Dozen list each year because tax scams are always changing. There are always bad actors eager to take
On-Site: Summer 2023
Along with just about everything else, labor costs are on the rise in the con- struction industry. This makes it more important than ever to accurately estimate such costs when bidding on new projects. If you’re not properly calculating and incorporating labor burden rate — essentially, the indirect costs of having workers — you may very well be selling yourself short.
Managing Factory Incentives
With supply chains still shaking off the effects of the pandemic and demand starting to soften, OEMs are looking for new ways to cut costs.
Considerations to Navigate Complex Tax Planning for Manufacturers
Inflation has slowed, but manufacturing companies are still contending with global supply chain issues, workforce shortages and questions about how pending legislation and the 2024