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We here at Morse Kimmel & Company feel that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following article(s) for you to view.


Tax Aspects of Owning a Second Home Many taxpayers currently own or plan to purchase a second home. You may view your second home for personal pleasure only or as an investment for tax benefits and appreciation. Perhaps you are somewhere in between.

One-person 401(k) Plans for the Small Business Owner One-person 401(k) plans are becoming increasingly popular for businesses that employ only the owner. Given the right circumstances, such plans can allow a large amount to be contributed on behalf of the owner while maintaining flexibility in making contributions in future years.

Converting a Sole Proprietorship to an LLC As sole proprietors, business owners enjoy the advantage of simplified income tax reporting. However, sole proprietorship status can expose a business owner's personal assets to the risks and liabilities of their business operation.