Blog | Albin Randall & Bennett
Recent Articles
Divorce and Taxes – What Every Taxpayer Should Know Before Signing the Papers
At a Glance Divorce affects more than your personal life—it also reshapes your tax picture. Filing status, support payments, property transfers, and retirement accounts each
Bloodlines vs. Business Sense
The sense of pride in building a business and keeping it in the family can be a huge motivator for business owners. But transferring a
How the One Big Beautiful Bill Changes Qualified Small Business Stock (QSBS) Tax Benefits
At a Glance The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, makes several key updates to Qualified Small Business Stock
Why Maine’s Pass-Through Entity Tax Could Benefit More Than Just High-Income Owners
Update: Maine has enacted an elective pass-through entity tax effective for tax years beginning in 2026. Read ARB’s current Maine PTET guide. ————————- Maine’s consideration
Payroll Implications of Maine’s Emerging Pass-Through Entity Tax
Update: Maine has enacted an elective pass-through entity tax effective for tax years beginning in 2026. Read ARB’s current Maine PTET guide. ————————- As Maine
2025 Electric Vehicle Requirements and Incentives Across New England: What Dealerships Need to Know
Electric vehicle (EV) requirements and incentives are in a period of transition across New England. Between shifting state sales mandates, adjustments to rebate programs, and
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.