Most of us are interested in estate planning (at some point), and owning a business mandates the need to understand the value of your business as part of the planning exercise. A business typically represents a very large,
The importance of Purchase Price Allocation when buying or selling business assets. Have you recently purchased or acquired another business? Congratulations! Did you know that a merger or acquisition often involves additional tax and financial reporting requirements? One of the
If you have just purchased a large piece of equipment, then you may wonder why you would need to have a machinery valuation done. After all, wouldn't the equipment be worth the price you just paid for it? Not necessarily.
Why is it essential to hire a qualified appraiser? When it comes to appraising, there is no room for error. By definition, an appraisal is an objective, impartial, and unbiased opinion of defined value completed by a competent, ethical, and
Should you hire an auctioneer or dealer to appraise machinery and equipment? Auctioneers and machinery and equipment dealers may have a hidden agenda. Most of these individuals are not certified or trained in providing USPAP compliant appraisal reports. If the
Why do Business Owners Need Certified Machinery and Equipment Appraisals? Lenders, CPAs, Attorneys, Courts, and the IRS all require a USPAP (Uniform Standards of Professional Appraisal Practice) compliant, substantiated Certified Machinery and Equipment Appraisal. If the machinery appraisal report you
ICS Asset Management Services, Inc. provides appraisals performed by an ASA accredited appraiser, inspections, and inventory analysis in the area of machinery and technical specialties. Complete the form below & IAMS Representative will contact you.