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
The CARES Act: A Closer Look at Certain Provisions for Manufacturers
Manufacturers have a lot on their minds, from maintaining operations and adapting business models to navigating supply chain and workforce issues. The CARES Act was
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