In addition to paying sales tax on the things you buy, you may also be required to pay taxes on its perceived fair market value later on. These personal and business taxes are assessed on certain ...

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 ...

MISSOURI— The deadline for Missourians to fill out their personal property tax assessment form is approaching. It lists all ...

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 ...

Personal property tax bills, which are being mailed to people right now, are way up this year. St. Louis City's Assessor Michael Dauphin said he was told by the Missouri State Tax Commission that ...

The IRS has issued final regulations that define what property qualifies for Sec. 1031 like-kind exchange treatment (T.D. 9935). The new rules are necessary because the law known as the Tax Cuts and ...

The Purcellville Town Council on Tuesday adopted personal property rates for calendar year 2026, keeping both business and ...