DONATION AND GIFT VALUATION
Due to recent tax reforms, charitable contribution appraisals are now held to much higher standards than in past years. Appraisal Services Associates will ensure that your good deed earns you the tax deduction to which you are entitled. Reports conform to Internal Revenue Code Section 170 and IRS Publication 526. Also see IRS Publication 1771 on Charitable Contributions –Substantiation and Disclosure Requirements.
Our Gift tax appraisals thoroughly document Fair Market Value with Fair Market Art Rental Rates to ensure transfers of art and/or antiques occur with entitled benefits for filings under section 25.2702. Appraisals are issued for 1031 Tax Exchanges as well.