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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

What Individual Taxpayers Should Know About 2021 Tax Limits
It’s that time of year again where the new 2021 tax limit amounts are being announced. These amounts are those tax items which may adjust

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