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OBBBA Penalty Relief: IRS Notice 2025-62 Provides Transition Year for “No Tax on Tips and Overtime” Reporting
At a Glance IRS Notice 2025-62 provides temporary penalty relief for tax year 2025 under the One Big Beautiful Bill Act (OBBBA). The notice applies

What Does Your Exit Map Look Like?
Most business owners have never exited their businesses before. Just like taking a big trip to a new place requires good planning to truly enjoy

Securing Remote Sales: How Dealerships Can Outsmart Fraud
In recent years, dealerships have embraced phone and online sales to streamline transactions and expand their market—but this convenience has also opened the door to

IRS Notice 2025-57: What Credit Unions Need to Know About the New OBBBA Auto Loan Interest Deduction
At a Glance The IRS has released Notice 2025-57 and Information Release 2025-105, offering transitional guidance for the new auto loan interest deduction created under

One Big Beautiful Bill: Key Tax Changes for Credit Unions
At a Glance The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces several tax and regulatory changes directly affecting credit

Logic vs. Legacy in Exit Planning
When planning for your eventual business exit, achieving financial security is the most important goal. But what happens when the emotional side of planning an

ARB Hosts Annual Open House
Albin, Randall & Bennett, a 2019 Best Places to Work in Maine, hosted its annual Open House on September 25, 2019. We were excited to

Will Wayfair Create More Tax Liability for Your Business?
It’s been more than a year since the U.S. Supreme Court allowed states to tax online sales in its South Dakota v. Wayfair, Inc. (“Wayfair”)

ESOP Considerations for Construction Companies
Employee Stock Ownership Plans (ESOPs) have been on the rise since the Employee Retirement Income Security Act of 1974 (ERISA) set the foundation for the

Proposed Regulation Big Win For Auto Dealers
On Friday, September 13th the Treasury Department and Internal Revenue Service released final regulations and additional proposed regulations under IRC Section 168(k) that address guidance

Construction and Real Estate Tax and Financial Update Workshop
Register As leaders in accounting and consulting for construction and real estate companies, it’s important to us to bring our knowledge and experience to