Blog | Albin Randall & Bennett
Recent Articles

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

Getting Married? A Simple Tax Guide for Your First Year Filing Together
At a Glance Marriage brings meaningful personal change, but it also creates a new financial landscape—especially at tax time. Once you are married, the IRS

What Business Owners Should Understand About Fraud Risk
At a Glance Fraud risk is rising as businesses adopt new systems, expand digital payments, outsource functions, and operate with remote or hybrid workforces. While

4 Dealership Accounting Practices That Eat Away At Profit
If your vehicle has poor fuel economy, you’ll still make it to your destination, but it will be costly. The same is true for auto

Federal Student Loan Relief & Programs Available in Maine
As the expiration of pandemic-related student loan relief was nearing once again, the Federal Government and some states stepped in to extend further relief to

The Clean Vehicle Credit: What Dealerships Need To Know
On August 16, 2022, President Biden signed the Inflation Reduction Act (the Act) into law. The Act gave rise to The Clean Vehicle Credit, a

CECL Audit Approach: New Methodology to Account for TDRs
The Financial Accounting Standards Board (FASB) has been working to improve the implementation and transition to the Current Expected Credit Losses (CECL) method of accounting

Buy-Side Due Diligence | M&A Best Practices for Contractors
Contractors often leverage M&A opportunities to grow revenue and meet growth, development, and other strategic goals. For example, acquiring or merging with a firm with