Information for CPAs and Accountants

Risk of liability is not just knocking at your door…

It’s almost knocking your door down!

 

Most importantly, the IRS and others are now demanding that a Certified Appraiser

issue a Certified Appraisal…

The days of guessing are over!

Based on the IRS Pension Protection Act of 2006 and Circular 230, the days of guessing or burying the value of capital equipment are over. Every day you are in contact with business owners that need a true and accurate fair market value for their capital equipment.

 

How do your determine value?

 

· Guess?

· Rely on book value?

· Rely on the owner’s word?

· Rely on some non-certified person’s word?

If you rely on guessing, book value, the owner’s word, or the word of a non-certified person who may have a “hidden” agenda, you are receiving an inaccurate determination of value. Stop for a minute and think about the liability and risk you and your client are taking when you rely on anything other than a Certified Machinery & Equipment Appraisal. After all, the IRS will disallow a value that is not substantiated.

 

The #1 Secret is what is so many of your colleagues have proven and relied upon...you can reduce the risk of liability when you rely upon a Certified Machinery & Equipment Appraiser.

 

A CMEA is experienced in collecting, substantiating, reporting and determining a value that is consistent with USPAP (Uniform Standards of Professional Appraisal Practice). USPSP, promulgated by the Appraisal Foundation and Congress, is the authoritative source for Appraisals.

 

You can rely on with confidence, any determination of value that is substantiated and USPAP compliant. A Summary Machinery & Equipment Appraisal prepared by a CMEA at Avail Appraisals will withstand the scrutiny of the IRS, courts, lenders and others.

“Your Certified Appraisal Source”

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