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

Senate Passes Bill Granting Flexibility to PPP Borrowers
The senate passed the House bill last night to change the PPP loan program. It appears they passed the house version “as is” in order to avoid

Unemployment Fraud Investigations Are Underway: Potential Delays in Receipt of Benefits May Be Ahead
The COVID-19 pandemic has been a time of uncertainty and vulnerability for millions of Americans. As our nation’s unemployment rate continues to rise due to

PPP Loan Forgiveness Workbook
We are currently updating all of our workbooks to reflect the most current rules. Please check back soon for new files. Looking for additional

Paycheck Protection Program Flexibility Act of 2020 Passes in the House
Today the House passed the Paycheck Protection Program Flexibility Act of 2020. The Bill passed the House 417-1. While the official text of the Bill

Maine & New Hampshire: Additional State Relief Programs
ME Child Care Subsidy Program: Additional Assistance for Essential Workers The CARES Act included additional funding of $3.5 billion for the Child Care Development Block