Blog | Albin Randall & Bennett
Recent Articles
Managing Cash Flow Is Critical in Both Challenging and Good Times
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. In times of economic distress or industry uncertainty, cash flow issues can quickly bubble to the surface.
IRS Issues Interim Guidance on Bonus Depreciation Under the One Big Beautiful Bill Act
At a Glance The IRS has issued interim guidance (Notice 2026-11) explaining how the One Big Beautiful Bill Act affects first-year depreciation deductions, with a
Inflation, Costs, and Fear of Rising Prices
External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to
Massachusetts Proposes Legislation to Delay OBBBA Conformity: What It Means for Businesses and Taxpayers
At a Glance Massachusetts lawmakers are considering legislation that could change how—and when—certain federal tax benefits under the One Big Beautiful Bill Act (OBBBA) apply
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
At a Glance The IRS has released FAQs clarifying the new federal income tax deduction for qualified overtime compensation enacted under the One Big Beautiful
Families First Act DOL Posters
The DOL has issued a couple of useful links on its website. The first is regarding posters required that must be hung in the workplace and any other
What Does the State-of-Emergency Mean for Maine’s Construction Companies?
Yesterday, Governor Mills issued an Executive Order with rules governing business operations during this state of emergency. Under the order, construction is considered an essential
Governor Mills Releases Executive Order Affecting Businesses in Maine
The rapid spread of COVID-19 is changing personal lives and day-to-day business operations across the globe. In the U.S., starting with the State of Washington
The Coronavirus Aid, Relief and Economic Security (CARES) Act Small Business Interruption (SBI) Loans
The Senate has released its proposed Phase III coronavirus economic stimulus proposal on March 19, 2020. There are a significant number of proposals that are
Taxpayer COVID-19 Filing and Tax Payment Relief
The IRS has released Notice 2020-18 which supersedes Notice 2020-17. This notice follows additional statements from Treasury Secretary Mnuchin on Friday March 20th about providing