Blog | Albin Randall & Bennett
Recent Articles

Managing Cash Flow Is Critical in Both Challenging and Good Times
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. In times of economic distress or industry uncertainty, cash flow issues can quickly bubble to the surface.

IRS Issues Interim Guidance on Bonus Depreciation Under the One Big Beautiful Bill Act
At a Glance The IRS has issued interim guidance (Notice 2026-11) explaining how the One Big Beautiful Bill Act affects first-year depreciation deductions, with a

Inflation, Costs, and Fear of Rising Prices
External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to

Massachusetts Proposes Legislation to Delay OBBBA Conformity: What It Means for Businesses and Taxpayers
At a Glance Massachusetts lawmakers are considering legislation that could change how—and when—certain federal tax benefits under the One Big Beautiful Bill Act (OBBBA) apply

Tax Planning: C Corporation Owners May Face IRS Scrutiny
Originally published in On-Site, ARB’s Construction Industry newsletter. Construction is a high-risk industry. Many contractors convert their businesses to C corporations to avoid personal liability for

IRS Issues FAQs on Deduction for Qualified Overtime Compensation
At a Glance The IRS has released FAQs clarifying the new federal income tax deduction for qualified overtime compensation enacted under the One Big Beautiful

Governor Mills Submits Budget Proposal: What Changes for Maine Taxpayers?
On January 25th, Maine Governor Janet Mills submitted a budget proposal to the Legislature that included a supplemental budget for fiscal year 2021 and a

SBA’s Shuttered Venue Operators Grant Program
The Shuttered Venue Operators Grant (SVOG), a program established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, makes $15 billion in

SBA’s Payments Toward Certain 7(a) Loans, 504 Loans & Microloans Are Nontaxable
Section 1112 of the CARES Act required the SBA to make payments for a period of 6 months to cover principal, interest, and any associated

SBA Offers One-Year Extension to Eligible 8(a) Business Development Program Participants
The SBA is offering an extension of the 8(a) Business Development Program (the 8(a) Program) to certain participants due to COVID-19. To account for a

About Samantha Pedersen
Meet ARB Director Congratulations to Albin, Randall & Bennett Director, Samantha Pedersen, on her recent nomination to join the Executive Board for the Manufacturers Association