Blog | Albin Randall & Bennett
Recent Articles
How OBBB Will Reshape Itemized Deductions for High-Income Earners
At a Glance The One Big Beautiful Bill (OBBB), enacted July 4, 2025, significantly reshapes itemized deductions for high-income taxpayers. Key provisions include a new
SECURE 2.0 Act Current Timeline for ESOPs, KSOPs, and 401(k)s
At a Glance The SECURE 2.0 Act brings several retirement plan changes that directly and indirectly affect ESOP-owned businesses. While many provisions target 401(k) and
Federal ESOP Legislation Update: Key 2025 Bills and What They Mean for Employee-Owned Companies
At a Glance This article summarizes recent federal legislation affecting employee stock ownership plans (ESOPs), including bills passed by the Senate in 2025 and others
Which Calculated Risks Should You Consider?
Minimizing risks is a goal that many business owners have. But sometimes, there are instances where taking calculated risks becomes a necessity, especially when you
Understanding the AGI Reduction for Charitable Contributions Under the OBBB
At a Glance The One Big Beautiful Bill (OBBB) introduces an annual reduction equal to 0.5% of adjusted gross income (AGI) for charitable contribution deductions
Consider an SOC Report to Help Manage Supply Chain Risks
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. The pandemic revealed just how fragile global supply chains can be. In addition to contagious diseases, various
SBA and US Treasury Issue Updated PPP Guidelines on Loan Forgiveness & Transparency
The SBA and Treasury have issued a number of new guidelines in recent weeks that affect both current and potential PPP loan recipients. We have
Webinar: PPP Flexibility Act
Yet another change to the PPP loan program was signed into law on June 5th by President Trump, the Paycheck Protection Program Flexibility Act of
The CARES Act: A Closer Look at Certain Provisions for Employee Benefit Plans
As we continue to weather the COVID-19 crisis, there’s hardly a single facet of American life left unchanged. The inner workings of employee benefit plans
AICPA Issues Accounting Guidance for PPP Loan Forgiveness
On June 10th, the AICPA issued Technical Question and Answer (TQA) 3200.18, Borrower Accounting for a Forgivable Loan Received Under the Small Business Administration Paycheck
Exit Planning in an Uncertain Economy: Business Growth Opportunities Remain Despite COVID-19 Crisis
As a business owner, exit planning is inevitable. From planning to implementation, exiting a business often takes about 3-5 years, so a comprehensive exit plan