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Recent Articles

How OBBB Will Reshape Itemized Deductions for High-Income Earners
At a Glance The One Big Beautiful Bill (OBBB), enacted July 4, 2025, significantly reshapes itemized deductions for high-income taxpayers. Key provisions include a new

SECURE 2.0 Act Current Timeline for ESOPs, KSOPs, and 401(k)s
At a Glance The SECURE 2.0 Act brings several retirement plan changes that directly and indirectly affect ESOP-owned businesses. While many provisions target 401(k) and

Federal ESOP Legislation Update: Key 2025 Bills and What They Mean for Employee-Owned Companies
At a Glance This article summarizes recent federal legislation affecting employee stock ownership plans (ESOPs), including bills passed by the Senate in 2025 and others

Which Calculated Risks Should You Consider?
Minimizing risks is a goal that many business owners have. But sometimes, there are instances where taking calculated risks becomes a necessity, especially when you

Understanding the AGI Reduction for Charitable Contributions Under the OBBB
At a Glance The One Big Beautiful Bill (OBBB) introduces an annual reduction equal to 0.5% of adjusted gross income (AGI) for charitable contribution deductions

Consider an SOC Report to Help Manage Supply Chain Risks
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. The pandemic revealed just how fragile global supply chains can be. In addition to contagious diseases, various

American Rescue Plan Act of 2021: What Business Taxpayers Need to Know
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) into law. “This legislation is about giving the backbone of

American Rescue Plan Act of 2021: What Individual Taxpayers Need to Know
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) into law. “This legislation is about giving the backbone of

Exit Planning for Family Business Transfers
A family business transfer is a common exit path for business owners. Just like any family affair, family business transfers come with benefits and drawbacks.

The Annual ARB Games Return
An Overview of ARB’s Annual Tax Season Games Every year during tax season, Albin, Randall & Bennett hosts the ARB Games. As a way to

The R&D Tax Credit is an Opportunity Construction Companies Can’t Miss
Business owners from all walks of life look for ways to increase cash flow and maximize savings in times of economic uncertainty. For construction companies