Claim Sales Tax on Jewelry: Deductions, Benefits, and How to Calculate It

No, you cannot claim sales tax on jewelry as a tax deduction for major purchases. Some states, like Oregon and Alaska, do not charge sales tax on jewelry. You can claim sales tax deductions for business expenses if you itemize your tax return. Always consult IRS guidelines for the most current information. The benefits of … Read more

Claiming Lost Jewelry on Homeowners Insurance: Coverage Insights and Options

You can claim lost jewelry on your homeowners policy if it covers specific perils like theft, fire, windstorm, and vandalism. Check your policy for specific terms and limits. Some policies may need extra coverage, known as riders, for valuable items such as jewelry. Always review your policy to understand your coverage. To claim lost jewelry, … Read more

Can You Claim Insurance on Lost Jewelry? Coverage, Claims Process, and FAQs

Homeowners insurance may cover lost jewelry due to events like theft or fire. To claim, contact your insurer and follow their claim process. Know your policy limits and consider a standalone policy for better coverage. Review any deductibles and seek endorsements for additional protection. To file a claim, first report the loss to your insurance … Read more