Blog | Albin Randall & Bennett
Recent Articles

Dealership Valuations – Optimizing Your Results
Many dealers we talk to might have a general idea of what it would take to get them to sell their store, or what they

What to Ask in an Accounting Firm Interview (and Why It Matters)
If you’re heading into an interview at an accounting firm, you’re probably focused on how to answer questions well. But don’t forget—interviews are a two-way

One Big Beautiful Bill: What Family-Owned Businesses Need to Know
The One Big Beautiful Bill (OBBB) delivers a wide range of permanent and temporary tax changes that will affect family-owned businesses, their owners, and their

No Exit Plan? What’s the Worst That Can Happen?
When you’re running a successful business, creating a plan for your eventual exit may be the last thing on your mind. “I have way too

How Externships and Internships Help You Choose the CPA Firm That Works for You
Starting a career in accounting isn’t just about choosing a major—it’s about finding the right environment to grow professionally. With so many CPA firms offering

ARB Earns Spot on Best Places to Work in Maine List for 13th Consecutive Year
For the thirteenth consecutive year, Albin, Randall & Bennett has been recognized among the Best Places to Work in Maine. This milestone underscores ARB’s continued

SBA & Treasury Issue Simplified PPP Forgiveness Application for Smaller Loans
On October 9th, the SBA and US Treasury announced a new, simpler loan forgiveness application and process for PPP recipients of loans for $50,000 or

Credit Unions Must Notify PPP Borrowers of Extended Deferral Period
The Paycheck Protection Program Flexibility Act of 2020 extended the 6 month deferral period for Paycheck Protection Program (PPP) borrower payments of principal, interest, and

IRS Issues Final Regulations for Meals and Entertainment
The Tax Cuts and Jobs Act (TCJA) of 2017 changed the deduction businesses are allowed for meals and entertainment. Upon passage of the TCJA, the

PPP Loans and Buying or Selling a Dealership
We are seeing more buy/sell activity in the auto industry. During the documentation phase of these transactions we’ve been advising sellers, and buyers, what should

FinCEN Director Calls on Credit Unions and Banks for Help: SARs Related to COVID-19
The 2020 ACAMS Annual AML & Anti-Financial Crime Conference was held this week, and Financial Crimes Enforcement Network (FinCEN) Director Ken Blanco was among the