Form 4684 allows individuals, businesses and estates to claim deductions against any unexpected losses due to theft or disasters. These deductions can help reduce taxable income, but they come with ...
After a fire, burst pipe, or hurricane tears through your home, the last thing you expect is a payout that barely covers the ...
When a hailstorm, fire, or other natural disaster strikes, it is not just the property owner who has something to lose. That is why most insurance policies, commercial and residential alike, contain a ...
Water can wreck a home in hours, but what really determines your payout is how long that water sits and how quickly you act.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. If you experience the loss of your home, you have many issues to ...