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

Safeguards Rule – Updates for Credit Unions & Auto Dealers
As the turn of the year settles, financial institutions should revisit their information security obligations under the Gramm-Leach-Bliley Act Safeguards Rule (Safeguards Rule). The Federal

Using Inventory Cost Management to Improve Profitability
For manufacturers, inventory cost management plays an integral role in successfully maintaining a business strategy that fosters financial growth. When you have an effective overall

Are Electric Vehicle Credits Part of Your Sales Strategy?
The Qualified Plug-in Electric Drive Motor Vehicle Credit (Electric Vehicle Credit) is a nonrefundable tax credit available for eligible taxpayers to claim up to $7,500

Prepare for 2022 Nonprofit Financial Statement Engagement
For nonprofits, the New Year is ushering in new hope. Organizations are learning to adapt to meet the challenges of the pandemic, and the upward

Mastering the Art & Science of Credit Union Compliance
For credit unions, maintaining compliance with authoritative guidance and regulatory requirements has become both an art and a science. Sure, most rules and regulations are