Remove Charitable Donations Remove Coverage Remove Tax Liabilities
article thumbnail

Office Hours Information from March 2025

International Society of Appraisers

The definition may vary slightly from federal government definitions used to determine tax liabilities. This quote is in the context of IRS Publication 561, which provides guidance for determining fair market value for charitable donations; therefore, this quote must be understood within that specific context and intended use.

article thumbnail

Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

A current appraisal will help ensure that your insurance coverage is appropriate, and that you’re not paying high premiums for something that has actually depreciated in value over time. That is why it is vitally important to have a current valuable articles insurance appraisal that reflects the true worth of your prized possessions.