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No matter what your appraisal needs may be, we are committed to providing you with the right solution to the problem. For over 20 years, our team has conducted and appraised thousands of pieces of equipment, assets and businesses using the highest standards.
You certainly don’t want your client’s divorce or partnership dissolution to exclude the value of the machinery and equipment because the opposing counsel will no doubt have a “Certified” Machinery and Equipment Appraisal to rely upon. A CMEA professional appraisal will withstand a Daubert challenge regarding the admissibility of expert witnesses’ testimony during United States federal legal proceedings.
What you need to prevail before the IRS, courts, lenders, attorneys, CPAs and others is a Certified Appraisal Report submitted by a Certified Machinery & Equipment Appraiser (CMEA). That way, you are assured you are receiving a report consistent with the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated by Congress. In fact, the IRS may disallow a filing because there is not a Certified Appraisal Report that substantiates equipment values.
Don’t make the mistake of not knowing an accurate value of your client’s equipment. CMEA’s have the experience and required certification to meet the needs of your client, court, and yourself. Contact us today to find out the difference between a “Certified” Appraisal Report and an “Uncertified” Appraisal Report.
The #1 Secret used by most CPA’s that has been proven and relied upon …you can reduce the risk of liability when you rely upon a “qualified” USPAP compliant appraisal by a “qualified” appraiser. Specifically, you can rely with confidence on a Certified Machinery & Equipment Appraisal prepared by a Certified Machinery & Equipment Appraiser (CMEA).
A CMEA is experienced in collecting, substantiating, reporting and determining a value that is consistent with USPAP (Uniform Standards of Professional Appraisal Practice). USPAP, promulgated by the Appraisal Foundation and Congress and is the authoritative source for appraisals.
Here are the 15 reasons why you and your clients NEED a CMEA to eliminate the risk of liability and possibly alleviate penalties.
- Converting From C To S Corp – A CPA typically requires an appraisal of the assets.
- 1031 Exchanges – One of the best kept secrets of the IRS. Assets require a valuation for a like-kind exchange.
- ESOPS – Initial appraisals must start out with accurate values of tangible assets such as machinery/equipment. Book value is usually not accurate.
- Valuations – Book value is probably not accurate and usually different from Fair Market Value. If the machinery/equipment is not valued properly, the entire business valuation is skewed. Lots of risk and liability!
- Gifting – Requires an appraisal of the items becoming a gift.
- Estate Planning – Trusts and Wills require a value of the items.
- Liquidations – How do you effectively and profitably liquidate the assets?
- Sarbanes-Oxley – Tangible assets must be valued and substantiated.
- Buy/Sell Agreements – Partners need to know at the outset how machinery and equipment values will be determined.
- Financing – Establishes collateral value. The lender will need to have a Certified Machinery and Equipment Appraisal.
- Cost Segregation – Equipment values need to be substantiated.
- Divorces – The division of property will require an accurate, substantiated value by the court.
- Property Taxes – An excellent tool to prepare for a governmental authority to reduce and substantiate equipment values or substantiate the equipment is no longer owned by your client.
- Partnership Dissolution – The partners are splitting and/or dissolving the company and a total asset valuation will be required.
- IRS – The Pension Protection Act of 2006 requires a substantiated and certified equipment appraisal of the equipment.
Now, more than ever, it is extremely vital that you know the value of your equipment. As a business owner, at one point or another, you will be faced with needing to know the value of your equipment and its true worth.
At AVA, we have the professional expertise, certification and knowledge to conduct and independent third party machinery/equipment appraisal providing you with the substantiated and realistic true market value of your items.
Sellers need to know that they are not selling too low or pricing their machinery and equipment above fair market value. Buyers want to know that they are not paying too much to purchase the assets.
Additionally, for allocation purposes, the IRS requires buyers and sellers to agree on the value of tangible assets involved with a business transfer. They must “allocate” a particular value for tangible assets as well as goodwill.
AVA appraisals hold up in court and under the scrutiny of financial institutions, governmental authorities, CPA’s, attorneys and others!
Bankers & Lenders
The current lending environment is very different today and you need a company that understands your challenges. At AVA, you can depend on us to bring you accurate and defensible values to support your loan decisions.
No longer are you able to rely on a depreciation schedule to understand the value of your client’s assets. The depreciation schedule is only important to the business owner, CPA and the IRS. It does not provide the fair market value, orderly liquidation or forced liquidation. These methods are filled with liability and risk.
Every day bankers, lessors and lenders come face-to-face with decisions that involve arriving at a realistic independent value for machinery or equipment. AVA can provide you with valuable appraisals to be certain that your machinery or equipment loans are not under-collateralized. Is repossession inevitable and does the equipment really exist? Do you have an experienced professional who has a national market of buyers that can turn a repossessed item into cash? Is it time to liquidate? AVA will provide you with the answers to all of these questions.
Situations can arise for individuals to use the services of a certified appraiser for their assets. Life changing events such as a divorce, death, litigation disputes, charitable donation or other needs require the services of an appraiser.
You can feel confident that AVA can help you through a difficult life event and provide you with the appropriate solution to help you understand your true financial picture.
Litigation & Asset Disputes
Bankruptcy or Foreclosure
Estate Planning & Guardianship
Property Tax Reduction
No matter what your situation, AVA is here to help you those important decisions by providing timely and accurate valuations of your assets.