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Attorneys Kristy Hapworth and Michael Hockenbury Make Partner at Rudman Winchell
Bangor, Maine, January 1, 2022 – Our law firm is pleased to announce that attorneys Kristy M. Hapworth and Michael A. Hockenbury have been named to the partnership of Rudman Winchell, effective January 1st. As partners, both Kristy and Mike will continue to provide exceptional service and advocacy for their clients and we are excited…
New IRS Rules Regarding Partnership Audits (including LLCs), Part I
This blog will be part one of three regarding the new IRS BBA Rules regarding partnership audits that went into effect on January 1, 2018. Background: For over 35 years the IRS has wrestled with effectively auditing partnerships and their partners (including LLCs and their members, once LLCs began being widely used in the 1990s)….
Which Type of Business Entity Is Best for Me?
In this two-part series, we’ll discuss the differences in the following business entities: Sole Proprietorship, Partnership, and Limited Liability Company. Congratulations! You want to start a business. You’ve perfected a million dollar idea and are excited to hit the ground running. You’ve fine tuned your process, know who your target market is, and maybe even…

Tax Planning: How Can I Minimize My Tax Liability?
Effective tax planning is essential for individuals and businesses to minimize tax liability and maximize financial efficiency. Understanding strategies and options can help you achieve significant tax savings. Importance of Tax Planning Tax planning involves analyzing your financial situation and implementing strategies to reduce your tax burden. This proactive approach can help you: Key Tax…

Championing Conservation Efforts in Maine
In October 2023, attorney Justin Bennett helped make significant strides in conservation efforts as he represented Frenchman Bay Conservancy (FBC) in the acquisition of the former Bar Harbor Golf Course in Trenton [Frenchman Bay Conservancy]. This acquisition marked a pivotal moment in preserving vital coastal wetlands and adjacent uplands, ultimately shaping the future Jordan River…
Your Homeowners Insurance Policy and You – Coverage Exclusions and the Duty to Defend
Despite its title, the protection provided by a homeowners insurance policy is not limited to the home. It applies in a wide range of circumstances—much wider than what most people think. Most policies contain personal liability coverage that applies if you are sued for injuries to someone else or for damage to another person’s property—no…

Attorneys Kristy Hapworth and Michael Hockenbury Make Partner at Rudman Winchell
Bangor, Maine, January 1, 2022 – Our law firm is pleased to announce that attorneys Kristy M. Hapworth and Michael A. Hockenbury have been named to the partnership of Rudman Winchell, effective January 1st. As partners, both Kristy and Mike will continue to provide exceptional service and advocacy for their clients and we are excited…
New IRS Rules Regarding Partnership Audits (including LLCs), Part I
This blog will be part one of three regarding the new IRS BBA Rules regarding partnership audits that went into effect on January 1, 2018. Background: For over 35 years the IRS has wrestled with effectively auditing partnerships and their partners (including LLCs and their members, once LLCs began being widely used in the 1990s)….
Which Type of Business Entity Is Best for Me?
In this two-part series, we’ll discuss the differences in the following business entities: Sole Proprietorship, Partnership, and Limited Liability Company. Congratulations! You want to start a business. You’ve perfected a million dollar idea and are excited to hit the ground running. You’ve fine tuned your process, know who your target market is, and maybe even…

Tax Planning: How Can I Minimize My Tax Liability?
Effective tax planning is essential for individuals and businesses to minimize tax liability and maximize financial efficiency. Understanding strategies and options can help you achieve significant tax savings. Importance of Tax Planning Tax planning involves analyzing your financial situation and implementing strategies to reduce your tax burden. This proactive approach can help you: Key Tax…

Championing Conservation Efforts in Maine
In October 2023, attorney Justin Bennett helped make significant strides in conservation efforts as he represented Frenchman Bay Conservancy (FBC) in the acquisition of the former Bar Harbor Golf Course in Trenton [Frenchman Bay Conservancy]. This acquisition marked a pivotal moment in preserving vital coastal wetlands and adjacent uplands, ultimately shaping the future Jordan River…
Your Homeowners Insurance Policy and You – Coverage Exclusions and the Duty to Defend
Despite its title, the protection provided by a homeowners insurance policy is not limited to the home. It applies in a wide range of circumstances—much wider than what most people think. Most policies contain personal liability coverage that applies if you are sued for injuries to someone else or for damage to another person’s property—no…

Attorneys Kristy Hapworth and Michael Hockenbury Make Partner at Rudman Winchell
Bangor, Maine, January 1, 2022 – Our law firm is pleased to announce that attorneys Kristy M. Hapworth and Michael A. Hockenbury have been named to the partnership of Rudman Winchell, effective January 1st. As partners, both Kristy and Mike will continue to provide exceptional service and advocacy for their clients and we are excited…
New IRS Rules Regarding Partnership Audits (including LLCs), Part I
This blog will be part one of three regarding the new IRS BBA Rules regarding partnership audits that went into effect on January 1, 2018. Background: For over 35 years the IRS has wrestled with effectively auditing partnerships and their partners (including LLCs and their members, once LLCs began being widely used in the 1990s)….
Which Type of Business Entity Is Best for Me?
In this two-part series, we’ll discuss the differences in the following business entities: Sole Proprietorship, Partnership, and Limited Liability Company. Congratulations! You want to start a business. You’ve perfected a million dollar idea and are excited to hit the ground running. You’ve fine tuned your process, know who your target market is, and maybe even…

Tax Planning: How Can I Minimize My Tax Liability?
Effective tax planning is essential for individuals and businesses to minimize tax liability and maximize financial efficiency. Understanding strategies and options can help you achieve significant tax savings. Importance of Tax Planning Tax planning involves analyzing your financial situation and implementing strategies to reduce your tax burden. This proactive approach can help you: Key Tax…

Championing Conservation Efforts in Maine
In October 2023, attorney Justin Bennett helped make significant strides in conservation efforts as he represented Frenchman Bay Conservancy (FBC) in the acquisition of the former Bar Harbor Golf Course in Trenton [Frenchman Bay Conservancy]. This acquisition marked a pivotal moment in preserving vital coastal wetlands and adjacent uplands, ultimately shaping the future Jordan River…
Your Homeowners Insurance Policy and You – Coverage Exclusions and the Duty to Defend
Despite its title, the protection provided by a homeowners insurance policy is not limited to the home. It applies in a wide range of circumstances—much wider than what most people think. Most policies contain personal liability coverage that applies if you are sued for injuries to someone else or for damage to another person’s property—no…