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Recent Articles
IRS Provides 2020 Required Minimum Distribution Rollover Relief
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs
New PPP Loan Forgiveness Provisions Introduced in Latest SBA/Treasury Interim Final Rule
Last week, the SBA, in conjunction with the U.S. Treasury, issued the revised PPP Loan Forgiveness Application, which incorporates changes as a result of the
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
Key Steps for Preparing a Business for Sale
It’s your largest asset and one that you have spent a lifetime building. Preparing your business for sale may seem daunting, but one thing is
Maine and Connecticut Adopt Paid Family and Medical Leave
Last month we told you about the approaching effective date for the new Paid Family and Medical Leave law in Massachusetts. Since then, both Connecticut
ARB Hosts Annual Spring Externship, Experience ARB
Experience Career. Experience Culture. EXPERIENCE ARB Albin, Randall & Bennett, CPAs, a firm known for providing savvy and sensible advice to growing businesses and
ARB Proudly Sponsored and Participated in the hear ME now! Annual “Break the Sound Barrier” Ski Race
On Sunday, March 3, 2019, ARB was a proud sponsor and participant in the hear ME now! 17th Annual “Break the Sound Barrier” Ski Race. ARB’s
Was that vendor you just paid a ghost?
A Maine based company recently paid $460,000 to what it thought was a vendor’s account, only to find out that it wasn’t. As a result,