Blog | Albin Randall & Bennett
Recent Articles
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
UPDATE: The IRS recently expanded its guidance on the new overtime reporting requirements. Read our latest blog: 2026 W-2 Reporting Changes: Is Your Payroll Process
Exit Planning: Good Intentions, Empty Promises
As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is
EBSA Removes ESOPs from Its National Enforcement Project List: What ESOP Companies Should Know
At a Glance The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has formally ended its National Enforcement Project targeting Employee Stock Ownership Plans
NCUA Releases 2026 Supervisory Priorities: Key Takeaways for Credit Union Leaders
At a Glance The NCUA’s 2026 Supervisory Priorities reaffirm the agency’s commitment to risk-based supervision while highlighting key areas of examination focus for the year
QPVLI Compliance Guide: Reporting Vehicle Loan Interest Under the OBBBA
At a Glance The new Qualified Passenger Vehicle Loan Interest (QPVLI) deduction creates meaningful tax benefits for individual borrowers, but it also introduces significant reporting
Federal Reserve Updates Guidelines For The Main Street Lending Program
Update as of November 4, 2020: As of October 30th, the Main Street Lending Program (MSLP) has provided close to $4 billion by way of
SBA Issues PPP Loan Necessity Questionnaires to Borrowers of $2M or More
The Small Business Administration (SBA) has developed two questionnaires, one for nonprofit borrowers and one for for-profit business borrowers, that will go to Paycheck Protection
SBA Issues Procedural Notice Addressing Changes of Entity Ownership for Paycheck Protection Program Loan Recipients
On October 2nd, the SBA issued a procedural notice addressing the banking procedures involved in changes of entity ownership for Paycheck Protection Program (PPP) loan
ARB Announces Fall Promotions
Albin, Randall & Bennett is excited to announce 11 employee promotions! ARB congratulates Robin Cyr, Benjamin Lord, Samantha Pedersen, Gisèle Couturier, Amy Gardella, Jennifer Lemay,
2020 Tax Planning for Private Wealth, Closely Held Businesses, & Related Ventures
Tax planning for year-end 2020 will occur under very unique circumstances. COVID-19 has had an economic impact on all walks of life and industry sectors,