What Nobody Ever Tells You About Your Client’s Machinery & Equipment...
Did you know that your client’s machinery and equipment has a value that can substantiate, strengthen, or even lose the most successful case in court! After all, if you rely on a guess, a depreciation schedule, or an “uncertified” auctioneer or dealer to determine a value, it’s inaccurate and will not hold up to scrutiny with the IRS, courts, or lenders.
How Can You Use An Accurate Value Of Your Client's Machinery & Equipment To Your Advantage?
That's a great question and we’re glad you asked! There are no less than 20 ways an accurate, substantiated, irrefutable and defensible value of machinery and equipment can be of help to you and your client. Here are just a few of the ways:
- Loans / Leases • Property Taxes • Insurable Value
- Divorce • Converting From C To S Corp • Cost Segregation
- Taxes • 1031 Exchanges • Trust Agreements
- Buy / Sell Agreements • Estate Planning • Bankruptcy
- Retirement Planning • Partnership Dissolution • Strategic Planning
- Litigation Support • GASB 34 • Sarbanes-Oxley
- Collateral • Gifting
Let's be honest, you 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 Certified Machinery & Equipment Appraiser's professional credentials will withstand a Daubert challenge. Heaven forbid you are in court and you’re relying on something other than a Certified Machinery & Equipment Appraisal. Let’s face it...an accurate, irrefutable, defensible value of the equipment is the only solution!
A Certified Machinery & Equipment Appraisal Arms You With An Irrefutable, Defensible, And Substantiated Value Of The Machinery & Equipment
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 a CMEA today to find out the difference between a "Certified" Appraisal Report and an "Uncertified" Appraisal Report. You have nothing to lose and everything to gain!