Blog | Albin Randall & Bennett
Recent Articles

IRS FIRE is retiring: Prepare now for IRIS in 2027
The way businesses electronically file 1099s and other information returns with the IRS is changing. The IRS is retiring its Filing Information Returns Electronically (FIRE)

2026 W-2 Reporting Changes: Is Your Payroll Process Ready?
If your business pays overtime or employs workers who earn tips, there’s a new payroll reporting requirement you shouldn’t wait until year-end to address. Beginning

ARB Earns 2026 Best Places to Work Honors
Albin, Randall & Bennett is proud to be one of the 2026 Best Places to Work in Maine and Best Places to Work for Women.

Maine PTET 2026: An Annual Planning Decision for Business Leaders
Maine’s new PTET begins in 2026. Learn who qualifies, how the 90% credit works, and what businesses should consider before making the annual election.

ARB Announces 2026 Promotions
Albin, Randall & Bennett is pleased to announce the following promotions: Nate Marcet, CPA, is promoted to Tax Director. Nate joined ARB in 2023 and

Albin, Randall & Bennett Announces the Promotions of Matthew S. Marcoullier and Samantha J. Pedersen to Principal
PORTLAND, MAINE, JULY 27, 2026 —Albin, Randall & Bennett (ARB) is pleased to announce the promotions of Matthew S. Marcoullier, CPA, and Samantha J. Pedersen, CPA, to

Why Compensation Planning Matters for Professional Services Firms
All employers need a compensation plan that sets compensation policies, guidelines, and incentives that ensure equity, competitiveness, and legal compliance. But, in the professional services

Manufacturing M&A: 2021 May Be the Right Time for Manufacturing Company Owners to Sell
In 2020, manufacturing merger and acquisition activity fluctuated like a transverse wave, alternating from crest to trough with each passing quarter. Fear that COVID-19 would

Employee Retention Credit: How Recent & Pending Legislation Affects the ERC
The employee retention credit (ERC) is a tax credit available for eligible employers to claim against qualified wages paid after March 12, 2020, through December

Massachusetts Enacts Elective Excise Tax for Pass-Through Entities
Massachusetts passed budget legislation that allows eligible pass-through entities, including S corporations, partnerships, and limited liability companies (LLCs), to pay an elective excise tax on

2021 Construction Industry Trends: Ownership Transfers & Management Succession Planning
Most business owners right now are sharply focused on steady cash flow, cutting costs, maintaining operations as close to the status quo as possible, and