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Recent Articles

How Blockchain Technology Can Benefit Your Supply Chain
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Blockchain technology is increasingly transforming manufacturing supply chains. In a traditional supply chain, tracking the journey from

Pursuing Trends vs. Using Fundamentals
Differentiating your business is an important element of growing it successfully. But how should you draw the line between pursuing the newest trends and sticking

What Should You Do with a Stalled Project?
Originally published in On-Site, ARB’s Construction Industry newsletter. Stalled construction jobs are far from unusual. Earlier this year, software developer ConstructConnect’s Project Stress Index indicated

Fine-Tune Your Financial Clarity with Benchmarking Studies
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Behind every manufacturing company’s production is a complex financial engine. Understanding that engine is critical for your

The Evolution of BIM: What Contractors Need to Know
Originally published in On-Site, ARB’s Construction Industry newsletter. Building information modeling (BIM) has been around for a while. Yet the concept and software continue to

Don’t Be a Pest: Exiting with Grace
Letting go of the business you own may be one of the hardest things you’ll ever have to do. A key goal of Exit Planning

OMB Extends Due Date for Certain Single Audits
The Office of Management and Budget (OMB) issued a memorandum on March 19th, which announced a six-month extension of the due date for certain single

Congress Passes the PPP Extension Act of 2021
Update as of March 30, 2021 On March 30, 2021, President Biden signed the PPP Extension Act of 2021. The Paycheck Protection Program (PPP) loan

American Rescue Plan Act of 2021 Expands Nonprofit PPP Eligibility
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) into law, providing several tax relief provisions for individuals, businesses,

State of Maine to Conform to Federal Treatment of PPP Loans & Other Tax Relief Provisions
On March 18, 2021, Maine Governor Janet Mills signed the fiscal year 2020-2021 supplemental budget into law. The supplemental budget includes legislation ruling that the

Treasury & IRS Extend Federal Individual Income Tax Due Date for 2020 Tax Year; State of Maine Follows Suit
The Treasury Department and IRS extended the federal income tax filing due date for individuals for the 2020 tax year to May 17, 2021. The State of Maine also extended the due date for 2020 Maine income tax returns to May 17, 2021.