Blog | Albin Randall & Bennett
Recent Articles
Manufacturing in Maine 2025 Year in Review
At a Glance Maine’s manufacturing sector spent 2025 balancing innovation and resilience. Despite global uncertainty, the state saw continued investment in advanced materials, precision manufacturing,
Construction Industry in Maine 2025 Year in Review
At a Glance As 2025 draws to a close, Maine’s construction industry stands at a crossroads between growth and growing pains. From the rising cost
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
Best Places to Work in Maine 2020
Every year, spring brings exciting changes to Albin, Randall & Bennett. Not only does it signify the end of tax season, but also the beginning
Some Employers Received an Inadvertent Penalty Notice from the IRS
The Internal Revenue Service issued an official notice back in May, which allowed employers anticipating a refundable credit for qualified sick and family leave or
SBA Issues New PPP Interim Final Rule
The SBA recently issued Paycheck Protection Program Interim Final Rule – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs. This PPP interim final rule supplements
US Treasury & IRS Issue Guidance on Reporting Wages Paid for Qualified Sick and Emergency Family Leave
On July 8th, the U.S. Treasury Department and Internal Revenue Service issued Notice 2020-54, Guidance on Reporting Qualified Sick Leave Wages and Qualified Family Leave
SBA’s HUBZone Program: 2020 Program Improvements, Updated Residency Requirements, and Contracting Changes
The SBA modified the Historically Underutilized Business Zone (HUBZone) Program at the end of 2019 to address long-standing uncertainties for small business investors and government