Going bankrupt

In American culture, the idea of anyone filing bankruptcy is seen as a personal failing. People wonder how could you? Why didn’t you try hard enough? Maybe you are just a deadbeat. Never mind the fact that the rich and powerful often file bankruptcy (hello…Donald Trump) even companies use the legal protections afforded under the …

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Tax man cometh…are you ready?

April 15 is as day that I never forget, in part because in the 7 years that we have been in Maine, the Spousal Unit has been self-employed. What that means practically is we pay taxes, even in a tight year as 2008 was, that pesky self-employment tax still costs us more than we would …

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