Blog | Albin Randall & Bennett
Recent Articles
OBBB Trump Accounts: Building a Financial Head Start for Children
Trump Accounts, created under the One Big Beautiful Bill (OBBB), offer families a new way to invest in their children’s future. Eligible newborns receive a
IRS Releases FAQ on Expiring Clean Vehicle Credits: What Dealerships Need to Know Before September 30
The IRS has issued new guidance on the clean vehicle tax credits that are scheduled to end on September 30, 2025. These credits—covering used clean
One Big Beautiful Bill Updates for Research Expenditures: IRS Issues Guidance on Implementing Section 174A
The IRS has issued Revenue Procedure 2025-28, giving taxpayers clear guidance on making elections, changing accounting methods, and applying transition rules under the new Section
Navigating Your CPA License: A Step-by-Step Guide
If you’re considering a career in accounting, becoming a Certified Public Accountant (CPA) is one of the most important steps you can take. Earning your
How Involved Should You Be in Exit Planning?
A big hurdle that business owners struggle to get over when creating an Exit Plan is, “I don’t have enough time to do all that.”
One Big Beautiful Bill: Essential Tax Changes for Auto Dealerships
Auto dealers are facing a significant tax‑policy makeover following enactment of the One Big Beautiful Bill (OBBB) on July 4, 2025. While core provisions of the Tax
Have You Considered the ESOP Route for Your Succession Plan?
After you’ve worked hard to build a successful business, planning initiatives that look beyond what happens to your business under your watch should become part
Job Costing: The Key to Success for Craft Breweries
Running a profitable craft brewery involves more than just knowing how to make good beer. True, you need to skillfully combine ingredients in a creative
Policy Alert: Employee Retention Credit for 2020 & 2021
It’s not too late to take advantage of the employee retention credit (ERC) for either 2020 or 2021. The ERC is a tax credit available
How Measuring Profitability Can Help Your Professional Services Firm Grow
Measuring profitability helps professional services firms (PSFs) determine whether a project is worth its weight in resources, time, and effort. It also allows you to
Tax Planning Can Help You Meet Personal and Business Goals
When you own a closely-held business, your personal and business goals are not mutually exclusive. The business goals you set and decisions you make that