Learn about Umbrella Insurance, including its definition, the reasons to consider it, and get tips on how to manage it. Protect your assets today.

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Discover what reinsurance recoverables encompass, how they function as assets for insurers, and their impact as liabilities for reinsurers. Learn types and financial implications.

Small business insurance helps to secure your LLC's financial health, preventing its assets from being wiped out by a liability claim, workplace injury or property loss.

Assets and expenses are two important accounting concepts elemental to understanding your company’s performance. While both assets and expenses have a debit balance on your business’s financial ...

Sarah Li Cain is a finance writer and a Candidate for the Accredited Financial Counselor© designation. She’s written for the Financial Planning Association, Netsuite and other notable publications.

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

It always pays to know what tax deductions you can make as a small business owner. Most business owners know that they can deduct operational costs such as rent, employee benefits and salaries. But ...

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

Let’s chat about something that I believe is foundational to true financial peace and progress: the idea of assets over liabilities. It’s not just a fancy accounting or financial term; it’s a mindset, ...