Blog | Albin Randall & Bennett
Recent Articles
The Business Owner’s Balancing Act: Growth Vs. Burnout
For most business owners, growth is good. But there are situations where growth can position the business to fail and business owners to burn out.
Financial and Practical Considerations When Buying or Selling an Auto Dealership
At a Glance The auto retail market continues to shift as consolidation, OEM priorities, and consumer behavior reshape the industry. For owners and financial decision
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
NDAA for 2021: What’s in Store for Credit Unions?
We’ve come to expect the National Defense Authorization Act (NDAA) to pass each year, as it has for the last 59 consecutive fiscal years. The
COVIDTRA for Businesses & Nonprofits: A Closer Look at Certain COVID-19-Related Tax Relief
On December 27th, President Trump signed the COVID-Related Tax Relief Act (COVIDTRA), a $908 billion relief package, into law. Among other provisions, the legislation includes
Form 1099-NEC & the IRS’s New Nonemployee Compensation Reporting Requirements
Beginning with 2020 information reporting, the IRS is reintroducing Form 1099-NEC, a form that was previously used until the early 80’s for reporting nonemployee compensation.
What Employers Need to Know About The CARES Act Payroll Tax Deferral
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contained a provision allowing employers to defer payment of their required 6.2% portion of
COVIDTRA for Individuals: A Closer Look at Certain COVID-19-Related Tax Relief
On December 27th, President Trump signed the COVID-Related Tax Relief Act (COVIDTRA), a $908 billion coronavirus relief package, into law. Among other provisions, the legislation