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)

Developing & Monitoring Meaningful Nonprofit Data Metrics
All nonprofit organizations have a mission. But how do you know if your organization is on the right track for success or where you stand

Exit Planning: Identifying Value Drivers & Using KPIs
As a business owner, it is your job to create value within your business. And in the early stages of exit planning, you need to

Roles of Employee Benefit Plan CPAs, TPAs & Attorneys
CPAs, third-party administrators (TPAs), and attorneys can all provide specialized services to an employee benefit plan. All of these advisors play an important role in

5 Lean Manufacturing Principles & 5 Ways Your CPA Can Help
To set themselves apart from the competition, improve the quality of their products, and increase profitability, manufacturers continue to hop aboard the lean manufacturing train.

Why Private Clients Need a Tax Planning & Compliance Partner
Private clients, affluent families, and family offices need a go-to tax planning and compliance partner. Tax laws have become increasingly complex over the past five