Business owners need an appraisal for insurable value, selling, financing, expansion, and strategic growth.
CPA’s need a certified appraisal because the IRS requires a certified appraisal by a Certified Appraiser! A certified appraisal is also needed when helping their clients convert from a C to S Corporation, Estate and Gift Planning, Trusts, Sarbanes-Oxley, and FASB 141/142.
Bankers and lenders need an appraisal in support of loan and lease decisions to substantiate and collateralize a loan. Especially the Small Business Administration’s new SOP’s that require a “qualified” equipment appraisal.
Attorneys need an appraisal to substantiate accurate and realistic values that withstand IRS and court scrutiny.
The Most common reasons you might need a certified appraisal