Imagine that your home is destroyed in a fire. As you start the process to rebuild your life, a hard reality settles in: Your insurance coverage falls short of replacing your lost personal property.

The section 179 deduction allows a small business to take a tax deduction for the entire cost of certain property and equipment in the year it buys that property. That produces a larger, more ...

Personal property is a standard coverage on a homeowners insurance policy. It covers belongings like furniture and clothing, paying up to a certain limit if they are stolen or damaged by a covered ...

Many estate-planning attorneys use a personal property memorandum (memo) for the disposition of personal property. It’s used when the attorney drafts a client’s will to allow the client to change ...

Elizabeth Rivelli has nearly five years of experience covering insurance for finance publications. She has expertise in various insurance lines, including car insurance, health insurance, travel ...

Sometimes taxes cost more to collect than the revenue they generate. Back in 2015, the Indiana General Assembly recognized one example. Back then, all businesses were required to file forms ...

If you are thinking of starting a small business, or have already started one, chances are you have made use of personal property in your business activities. You might use your personal cell phone or ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

Scheduled personal property coverage is a must-have if you have belongings worth more than your standard policy’s limits. Many, or all, of the products featured on this page are from our advertising ...