Blog | Albin Randall & Bennett
Recent Articles

Dealership Valuations – Optimizing Your Results
Many dealers we talk to might have a general idea of what it would take to get them to sell their store, or what they

What to Ask in an Accounting Firm Interview (and Why It Matters)
If you’re heading into an interview at an accounting firm, you’re probably focused on how to answer questions well. But don’t forget—interviews are a two-way

One Big Beautiful Bill: What Family-Owned Businesses Need to Know
The One Big Beautiful Bill (OBBB) delivers a wide range of permanent and temporary tax changes that will affect family-owned businesses, their owners, and their

No Exit Plan? What’s the Worst That Can Happen?
When you’re running a successful business, creating a plan for your eventual exit may be the last thing on your mind. “I have way too

How Externships and Internships Help You Choose the CPA Firm That Works for You
Starting a career in accounting isn’t just about choosing a major—it’s about finding the right environment to grow professionally. With so many CPA firms offering

ARB Earns Spot on Best Places to Work in Maine List for 13th Consecutive Year
For the thirteenth consecutive year, Albin, Randall & Bennett has been recognized among the Best Places to Work in Maine. This milestone underscores ARB’s continued

Aggregating Dealership Activities Might Increase Your 199a Deduction
Section 199a of The Tax Cuts & Jobs Act of 2017 (TCJA) established the Qualified Business Income Deduction (QBID or 199a deduction), a 20% deduction

How Does COVIDTRA Legislation Affect Craft Breweries?
On December 27th, President Trump signed the COVID-Related Tax Relief Act (COVIDTRA), a $908 billion relief package, into law. The legislation includes new and expanded

MA Clarifies 2020 Tax Treatment of PPP Income, EIDL Grants, & SBA Debt Relief Subsidies
On April 1, 2021, the Commonwealth of Massachusetts passed amendments to House bill No. 89, An Act Financing a Program for Improvements to the Unemployment

IRS Issues Guidance on Employee Retention Credit for 2021
On April 2, 2021, the IRS issued Notice 2021-23, Guidance on the Employee Retention Credit under the CARES Act for the First and Second Calendar

Maine’s Property Tax Relief Programs
Maine has two programs targeted specifically to helping new and established businesses invest for growth by allowing them to recoup local property taxes paid on eligible business equipment and property.