Blog | Albin Randall & Bennett
Recent Articles
NIL Income and Taxes: What College Athletes and Families Need to Know
At a Glance The NCAA’s Name, Image, and Likeness (NIL) program has transformed college athletics, allowing student-athletes to earn money through sponsorships, appearances, and more.
Building Business Value Via Your Employees
Your employees can be a huge differentiator in terms of building your business’s value. However, it’s important for you to understand how to properly motivate
State Conformity to OBBBA Tax Provisions: What Businesses and Taxpayers in Maine, Massachusetts, and New Hampshire Need to Know
At a Glance The One Big Beautiful Bill Act (OBBBA) significantly changes federal tax rules beginning in 2025, but Maine, Massachusetts, and New Hampshire vary
How a Strong Month-End Close Drives Dealership Financial Success
Running an auto dealership means coordinating several interconnected departments—sales, parts, service, and financing—all moving at high speed. Without a solid month-end close, it’s easy for
IRS Issues Guidance for Employees on Calculating 2025 Deductions for Tips and Overtime
At a Glance The IRS has issued Notice 2025-69, giving employees clear instructions on how to calculate their 2025 deductions for qualified tips and qualified
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
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
ARB Holiday Hoopla
ARB’s Annual Holiday Party, Virtual Edition On Friday, December 18, ARB held our annual holiday party – this time via zoom! Featuring a surprise showing
Spirit of Caring, Giving and Sharing
ARB’s 2020 Holiday Community Project While difficult for many, 2020 has disrupted life for some more drastically. This year, ARB teamed up with Freeport Community